Aussie falls as South Pacific market outlook worsen

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Source: Bloomberg
© Scanpix/FP
The Australian Dollar declined on Wednesday reversing an earlier increase after the Chinese market recorded losses as money-market rates raised damping confidence of investors in the South Pacific overseas market outlook. The so-called Aussie slipped 0.4% to 96.69 U.S. cents by 3:23 p.m. Sydney time following and earlier increase to 97.58, the most since June 4.

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Wed, 23 Oct 2013 08:16:03 GMT

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