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07/08/2013 - 06:59

$A higher after RBA statement and rate cut

07/08/2013 - 06:59

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The Australian dollar has held onto its gains after the Reserve Bank of Australia gave no indication there would be a third interest rate cut this year.At 0700 AEST on Wednesday, the local unit was trading at 89.87 US cents, up from 89.81 cents on Tuesday.

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