Thu, 27 Jun 2013 08:14:28 GMT
Aussie rises as Asian shares gain
The Australian Dollar jumped on Thursday against the greenback as Asian stocks recovered 1.6% and indicated possible stabilization after a decrease earlier this week. However, some investors worry about credit crunch in China, which might not allow the Aussie to rise further. The Australian currency rose 0.4% against the U.S. Dollar to 0.9314.