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Australian dollar up

The Australian dollar has risen slightly against its US counterpart, buying 67.06 US cents from 67.02 US cents on Wednesday.

One Australian dollar buys 71.88 Japanese yen from 72.24; 61.19 euro cents from 61.32; 54.53 British pence from 54.49; 107.01 NZ cents, from 107.39.

The local currency was at 67.13 US cents yesterday afternoon from 67.02 US cents on Tuesday.

On Tuesday, 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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