The Australian share market has drifted lower as the Reserve Bank began deliberating on interest rates, with the day's highlights including more steep losses for uranium companies but gains for goldminers.
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The benchmark S&P/ASX200 index on Monday dropped 24 points, or 0.31 per cent, to 7,700.3, while the broader All Ordinaries fell 31.2 points, or 0.39 per cent, to 7,943.6.
The Australian dollar was buying 65.95 US cents, from 66.13 US cents at Friday's ASX close.