Aussie declines to 10-week low

Source: WBP Online
© FP
The Australian Dollar encountered the deepest plunge since March 2 on Friday, following speculation on further rate cuts by the RBA. The Aussie traded 0.7% cheaper against the US Dollar and showed $0.7278 at 7:30 GMT. The currency has already plummeted by 6% over the last month, prompted by the aggravated inflation outlook.

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