Mon, 18 Mar 2013 07:01:08 GMT
Australian Dollar depreciates as Cyprus depresses sentiments
The Australian Dollar, also known as the Aussie, dropped by 0.5% to $1.0358 in the end of Sydney trading session on Monday. The Aussie erased two-day gains, as Cyprus increased concern that a new round of debt crisis in Europe will reduce demand for higher risk assets. Cypriot President ordered to take 5.8 billion Euros, a part of every bank