Bloomberg News

Aussie Dollar Extends Declines After Drop in Building Approvals

November 01, 2011

Nov. 2 (Bloomberg) -- The Australian dollar extended its decline after a government report showed home-building approvals dropped 13.6 percent in September from a month earlier.

The currency fell 0.4 percent to $1.0289 at 11:36 a.m. in Sydney from yesterday in New York. It slid 0.5 percent to 80.51 yen.

To contact the reporter on this story: Benjamin Purvis in Sydney at bpurvis@bloomberg.net

To contact the editor responsible for this story: Jonathan Annells at jannells@bloomberg.net


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