Australian dollar weakens overnight
THE Australian dollar has continued to fall.
THE Australian dollar has continued to fall.
At 0630 AEDT on Wednesday, the local unit was trading at 90.35 US cents, down from 90.43 cents on Tuesday.
The Aussie rose to an intraday high of 90.78 US cents on Tuesday following the release of the Reserve Bank of Australia's February board meeting minutes which made no mention of the local currency being uncomfortably high despite recent increases in the exchange rate.
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