Australian shares fall as volatility tipped to continue

For the week, the ASX200 dropped 1.0 per cent, its worst weekly performance since a 3.9 per cent decline in the first week of April. 

The week's losses amounted to giving back about half of last week's 2.1 per cent gains.

The Australian dollar was buying 65.78 US cents, from 66.16 US cents about 5pm on Thursday.