(Bloomberg) -- The Australian dollar gained after a
government report showed the country's trade deficit
unexpectedly narrowed in May.
The currency bought 85.67 U.S. cents at 11:35 a.m. in
Sydney from 85.51 cents immediately before the report. The local
dollar traded at 85.57 cents late in Asia yesterday, when it
touched 85.98 cents, the highest since February 1989.
Read more at Bloomberg Currencies News
government report showed the country's trade deficit
unexpectedly narrowed in May.
The currency bought 85.67 U.S. cents at 11:35 a.m. in
Sydney from 85.51 cents immediately before the report. The local
dollar traded at 85.57 cents late in Asia yesterday, when it
touched 85.98 cents, the highest since February 1989.
Read more at Bloomberg Currencies News
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