Don’t miss the latest developments in business and finance.

Australian dollar edges up

Image
IANS Sydney
Last Updated : Oct 07 2015 | 12:42 PM IST

The Australian dollar continued to rise on Wednesday after Australia's Reserve Bank decided to leave the cash rate on hold.

The currency was trading at 71.72 US cents, up from 71.22 US cents on Tuesday, Xinhua reported.

Analysts said slow growth in emerging Asia and China have dominated recently, and that has sent the local currency higher.

More From This Section

First Published: Oct 07 2015 | 12:30 PM IST

Next Story