Tue, 27 Aug 2013 16:01:08 GMT
Aussie falls against counterparts as volatility rallies to 6-week high
The Australian currency declined against all 16 major peers as volatility headed towards the highest level in six weeks, curbing demand for the currency. The Australian Dollar plummeted 0.8% to 89.58 versus the U.S. Dollar and New Zealand's Dollar retreated 0.6% to 78.02 against the greenback. One-month volatility for the Australian currency increased to 13.03%.