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Australia dollar propped up by solid data; New Zealand dollar slips

Published Mon, Dec 4, 2017 · 09:50 PM

Sydney

THE Australian dollar held above a recent two-week trough on Monday, helped by a solid rally in the price of iron ore, the country's top export, and positive economic data.

The Australian dollar held at US$0.7603 from Friday's low of US$0.7551, a level not seen since Nov 21.

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