Aussie rises from 3-month low on gains in commodities

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Source: Bloomberg
© Scanpix/Reuters
Australia's Dollar rose from the lowest level in three months as European finance ministers announced the aid fund operational as well as gains in commodities increased demand for the Aussie Dollar. Australia's currency rose 0.4% to $ 1.0233 after falling to $1.0149 yesterday, the weakest level since July 13. The Aussie Dollar lost 1.8 last week, the biggest decline since May 4.
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