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04/09/2013 - 07:00

$A higher as RBA quiet on more rate cuts

04/09/2013 - 07:00

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The Australian dollar rose to a two-week high after the Reserve Bank of Australia kept the cash rate unchanged and issued a neutral statement on the chance of further cuts.At 0700 AEST on Wednesday, the local unit was trading at 90.64 US cents, up from 90.34 cents on Tuesday.

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