Australian dollar is higher
THE Australian dollar is firmer, having regained some ground after falling on weak capital expenditure data.
THE Australian dollar is firmer, having regained some ground after falling on weak capital expenditure data.
At 0630 AEDT on Friday, the local unit was trading at 89.61 US cents, up from 89.42 cents on Thursday.
The Aussie dollar fell to a three-week low after data from the Australian Bureau of Statistics, released on Thursday, showed that business investment fell by 5.2 per cent in the December quarter.
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