Aussie falls ahead of RBA meeting next week

Note: This section contains information in English only.
Source: Bloomberg
© Scanpix/Reuters
The Australian Dollar depreciated versus most of the major counterparts on speculation the RBA will lower the key rates next week to protect the economy from a slowdown in mining. The Aussie weakened to $1.0430 from $1.0435 yesterday. The currency is set for a 0.3% drop this week, whereas it climbed 0.6% this month. Australia's Dollar was at NZ$1.2669 from NZ$1.2682 a day earlier, when it reached MZ$1.2660, the weakest since November 7.
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