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Australian dollar grows on Wednesday

Xinhua, September 30, 2015 Adjust font size:

The Australian dollar lifted on Wednesday from its recent lows helped by some encouraging U.S. consumer confidence figures.

The local unit was trading at 69.85 U.S. cents, up from 69.47 U. S. cents Tuesday.

On Tuesday, it fell to a low of 69.37 U.S. cents, its lowest in a month after the Australian share market dropped by more than 3 percent.

A key focus for local markets on Wednesday will be the release of official building approvals figures in Australia for August. Endi