Australian dollar rises

Dollar22The Australian dollar has risen against its US counterpart and is buying 72.20 US cents from 71.65 US cents on Tuesday.

One Australian dollar buys 81.05 Japanese yen, from 80.03 ; 61.87 euro cents, from 61.36 ; 54.90 British pence, from 54.51 and 109.70 NZ cents, from 109.01.

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