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Australian dollar bolstered by China package

Posted on 10 November 2008

From Theage.com.au: The Australian dollar stretched gains today, lifted by better risk appetite and higher metal prices and despite some dovish comments by the Reserve Bank.

In early afternoon trade, the Australian dollar was at $US0.6905/10, up two US cents, or three per cent, from Friday’s close of $US0.6701/07. During the morning, the unit traded between a low of $US0.6807 and a high of $US0.6925….. Full Article: Source


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