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10/11/2011 - 06:53

$A falls 2 US cents on Italian debt fears

10/11/2011 - 06:53

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The Australian dollar has fallen more than two US cents on renewed fears of a looming debt crisis in Italy.Italian 10-year government bonds have soared to yields of 7.4 per cent, spooking markets ahead of key talks on a debt package for the country on Thursday, European time.

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