The Australian dollar has risen Wednesday and is buying 70.82 US cents from 70.78 US cents on Tuesday.

Yesterday, the local currency fell against its US counterpart, buying 70.91 US cents from Monday’s 71.11 US cents. It traded at 79.39 Japanese yen, from 79.23 ; 62.40 euro cents, from 62.36 ; 53.57 British pence, from 53.48 and 104.16 NZ cents, from 104.04.

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