Australian Dollar depreciates on an increasing trade deficit

Note: This section contains information in English only.
Source: Bloomberg
The Australian Dollar lost 0.2% to $1.0478 and depreciated by 0.6% to 91.70 against the Yen in the end of Sydney trading session on Tuesday. The Aussie decreased the first time in three days, as today was announced the biggest trade deficit in last four years - imports exceeded exports by $2.77 billion. Also, Pacific region equity markets weakened, reducing demand for higher-risk assets and currencies, including the Aussie.
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Tue, 08 Jan 2013 08:48:26 GMT

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