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Aussie Dollar Hits Nine-Month Low Amid RBA Slowdown and AI Fears

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The Australian dollar hit its lowest point since January, dropping to 68.32 US cents as risk sentiment weakened and interest-rate expectations diverged between Australia and the US.

The decline came as fresh volatility in Nvidia Corp., a key player in the artificial-intelligence sector, dragged down global stock markets.

The Aussie slipped as much as 0.2% during the session, reflecting broader concerns about economic slowdowns and technological disruptions.

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