Australian dollar rises

A rolled Australian twenty dollar note with a money background.The Australian dollar has risen Friday, buying 71.92 US cents from 71.58 US cents on Thursday.

Yesterday, the local currency was holing near one-week lows as renewed worries about global growth had investors flocking away from risk assets.

The Australian dollar slipped to 71.60 US cents on Thursday, a level not seen since January 9, and was last fetching 71.66 US cents.

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