Australian Dollar heads for longest decline since 1997

Source: Bloomberg
The Australian Dollar dropped to the lowest level in two and a half years and is set for its sixth straight weekly retreat, after unsuccessful foreign takeover that was rejected by government raised worries. The Aussie slid 0.1% to 90.95 U.S. cents at 5:49 p.m. Sydney time, after reaching 90.56, the weakest since September 4. The Kiwi fell 0.1% to 81.09 U.S. cents today and 1.1% weekly.
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