Aussie depreciates as RBA lowers growth expectations

Note: This section contains information in English only.
Source: Bloomberg
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Australian currency weakened from close to 6-month high after RBA cut its predictions for inflation and GDP this year. Aussie fell 0.7% against greenback to USD 1.0714 and also gave up 0.7% against Japanese Yen to JPY 83.18. Meanwhile New Zealand Dollar lost 0.4% against its US peer to USD 0.8306 and tumbled 0.4% against Yen to JPY 64.50. Currently AUD/USD is trading at 1.0713 while NZD/USD is trading at 0.8305.
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