Australian dollar bounces back above 85 US cents
THE Australian dollar has bounced back above 85 US cents, boosted by a weaker greenback.
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THE Australian dollar has bounced back above 85 US cents, boosted by a weaker greenback.
At 0630 AEDT on Tuesday, the local currency was trading at 85.15 US cents, up from 84.38 cents on Monday.
The US dollar also fell against the Japanese yen after ratings agency Moody’s cut Japan’s sovereign debt rating to A1 from AA3.
Originally published as Australian dollar bounces back above 85 US cents
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