Aussie, Kiwi Dollars Decline on Concern Europe’s Debt Crisis Will Worsen

The Australian and New Zealand dollars fell as concern Europe will struggle to contain its sovereign-debt crisis sapped demand for riskier assets. The so- called Aussie dropped 0.3 percent to $1.0175 as of 3:29 p.m. Sydney time. The kiwi slid 0.9 percent to 77.35 U.S. cents.

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