BLBG:Australian Dollar Weakens as Net Exports to Detract From Economic Growth
The Australian dollar weakened, touching the lowest since Aug. 26, after a government report showed that net exports will detract from second-quarter gross domestic product.
The so-called Aussie dropped to $1.0502, and traded at $1.0514 as of 11:33 a.m. in Sydney, from $1.0526 before the data.
To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net
To contact the editor responsible for this story: Garfield Reynolds at greynolds1@bloomberg.net
