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Australian dollar below 78 U.S. cents

Xinhua, February 20, 2015 Adjust font size:

The Australian dollar dropped below 78 U.S. cents on Friday.

On Friday morning, the local unit was trading at 77.89 U.S. cents, down from 78.10 U.S. cents from Thursday.

Over the past 24 hours the currency has seen a high of 78.46 U. S.cents and a low of 77.57 U.S. cents. Endi