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23/09/2011 - 06:44

$A plunges to 10-month low on US fears

23/09/2011 - 06:44

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The Australian dollar has fallen sharply to 10-month lows, as concerns over the state of the US economy cause a massive sell-off on global markets.At 0700 (AEST), the Australian dollar was trading at 97.46 US cents, almost three US cents lower from 100.18 cents yesterday.

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