Aussie Dollar Falls on Slowing Growth

The Australian dollar fell against most of the major currencies on news that both retail sales and imports into Australia declined last month. The Australian dollar fell 0.4 percent to 96.41 U.S. cents as of 4:32 p.m. in Sydney from the close in New York. It reached 95.37 cents yesterday, the lowest since Sept. 24, before rallying 1 percent, the sharpest gain since Nov. 18.

Source: Bloomberg

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