The Australian dollar has risen on speculation that the Reserve Bank of Australia (RBA) might not cut its interest rate. At 0700 AEDT on Tuesday, the local unit was trading at 104.31 US cents, up from 104.17 cents on Monday. Westpac New Zealand senior market strategist Imre Speizer said the dollar had been buoyed by recent commentary suggesting the RBA would keep the cash rate on hold at its December meeting. “There’s that, then there’s recent evidence of China’s economic
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