Aussie falls as RBA policymaker comments that currency is too strong

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Source: Reuters
The Australian Dollar declined on Friday after the Reserve Bank of Australia's policymaker Heather Ridout commented that the local currency had not dropped enough and a level of $0.80 for the Aussie would be better for the economy. The Australian currency was last traded at $0.8689, almost 7 U.S. cents from its 3-1/2 year low.

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