Australian shares crumble 2.2 per cent

Australian shares crumble 2.2 per centSydney - Australian shares tumbled at the opening bell Tuesday on the back of turmoil in US and European capital markets.

The ASX 200 lost 2.2 per cent, falling 106 points to 4,711.

The rout came a day after the Reserve Bank of Australia announced it had pumped 1.3 billion Australian dollars (1 billion US dollars) into the financial system in response to the disruptions in global financial markets. (dpa)

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