(Bloomberg) -- The Australian dollar fell after a government report showed inflation was slower than forecast in the first quarter, reducing the likelihood of an interest-rate increase next month. Government bonds rose.
The currency bought 82.78 U.S. cents as of 11:38 a.m. in Sydney from 83.25 cents immediately before the report and 83.28 cents late in Asia yesterday.
Read more at Bloomberg Currencies News
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