Australian Dollar Weakens as Report Shows Retail Sales Unexpectedly Fell
By Nicholas Reynolds -
2010-12-02T00:38:25Z
The Australian dollar weakened after a government report showed retail sales unexpectedly declined in October.
The so-called Aussie dropped 0.5 percent to 96.36 U.S. cents as of 11:37 a.m. in Sydney from yesterday in New York.
To contact the editor responsible for this story: Nicholas Reynolds at nreynolds2@bloomberg.net
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