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Aussie falls to 5-wk low vs yen as risky bets pared

Published: 07 Jul 2009 20:51:24 PST

SYDNEY, July 8 - The Australian dollar fell to its lowest in five weeks against the yen on Wednesday, as investors dumped higher-yielding currencies amid renewed concerns about a global recovery.

The Aussie fell to as low as 73.91 yen <AUDJPY=R>, which was its lowest since May 28. Against the dollar, it hovered near two-week lows, trading at $0.7855.


Source: Reuters

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