(Bloomberg) -- The Australian dollar was little changed before a government report that may show retail sales extended their longest run of growth in five years.
The local dollar has risen 7.3 percent in the past 12 months, the third-biggest gaining major currency, as surging domestic demand has prompted the central bank to raise interest rates to a six-year high of 6.25 percent to curtail inflation. The government also releases a building approvals report today.
Read more at Bloomberg Currencies News
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