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Australian dollar rises

The Australian dollar has risen Wednesday, buying 67.13 US cents from 67.02 US cents on Tuesday.

One Australian dollar buys 72.24 Japanese yen from 72.95; 61.32 euro cents, from 61.95;  54.49 British pence from 54.92; and 107.39 NZ cents, from 107.86.

Yesterday, the local currency dipped to a four-week low against its US counterpart, and was close to a 10 and a half year low.

It was buying 67.02 US cents from 67.54 US cents on Monday.

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