Australia's Dollar stays lower as RBA expresses concern about labour market

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Source: Bloomberg
© Scanpix/Reuters
Australia's Dollar stayed lower as the country's central bank said that a softer labour market was one of the main reasons for interest rates cut this month. The Aussie lost 0.1% to $1.0540 from yesterday, when the currency declined 0.1% to $1.0552. The Australian Dollar bought 88.51 yen from 88.52 a day earlier, when it reached 89.13, the strongest since May 2011. 
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