Australian dollar rises

The Australian dollar climbed slightly overnight and is buying 70.86 US cents Wednesday, up from 70.65 US cents on Tuesday.

One Australian dollar buys 79.65 Japanese yen, from 79.52 ; 61.80 euro cents, from 61.67 ; 54.61 British pence, from 54.50 ; 108.12 NZ cents, from 107.96.

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