Aust dollar hits four-month high

Local currency lifts on signs of a resolution to the US political stalemate.

The Australian dollar has risen more than half a US cent to a four-month high on signs of a resolution to the United States political stalemate over the debt ceiling.

At 1200 AEDT, the local unit was trading at 95.28 US cents, up from 94.67 cents yesterday.


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