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Home>Central Bank Moves Send Dollar Lower Against Commodity Currencies

Central Bank Moves Send Dollar Lower Against Commodity Currencies

3party Content

Fri, 21 Nov 2014

By James Ramage The dollar dropped against currencies tied to large commodity exporters on Friday after China moved to stimulate its economy, spurring hopes for renewed demand in raw materials. The Australian dollar rose 0.7% to US$0.8678, while the New Zealand dollar edged up 0.3% to US$0.7891.
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