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Australian, New Zealand dollars swoon as economic costs of epidemic mount

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The Australian and New Zealand dollars were jolted lower on Tuesday as a production warning from Apple highlighted the mounting economic costs of the coronavirus and spooked investors across Asia.

[SYDNEY] The Australian and New Zealand dollars were jolted lower on Tuesday as a production warning from Apple highlighted the mounting economic costs of the coronavirus and spooked investors across Asia.

The Aussie weakened 0.4 per cent to US$0.6687, towards its recent decade trough at...

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