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23/09/2013 - 05:44

$A lower as Fed tapering still likely

23/09/2013 - 05:44

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The Australian dollar has fallen against a stronger US dollar, after a senior US Federal Reserve official said the Fed still could taper its bond purchases this year.At 0700 AEST on Monday, the local unit was trading at 93.69 US cents, down from 94.50 cents on Friday.

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