Aussie dollar and emerging market units fall

Tokyo

JITTERY investors moved out of some emerging market currencies on Wednesday as they look to key US and Japanese central bank meetings, while worries about China and a weak inflation reading sent the Australian dollar tumbling.

The Aussie lost more than one per cent against the US dollar in Asian trade during the day, as official figures showed the country's inflation rate came in at a lower-than-expected 0.5 per cent.