Australian dollar falls

ID:110225411

The Australian dollar has fallen and is buying 72.13 US cents, down from 72.44 US cents on Friday.

Last Friday, the local currency has fallen from multi-week highs against its US counterpart after the Federal Reserve underlined the diverging monetary policies between the antipodean nation and the United States.

The Australian dollar was last at 72.46 US cents, easing from as high as 73.03 US cents touched on Thursday – a level not seen since late September.

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