Aust dollar holds above US92c

Strong Chinese data helps maintain local currency in early trade.

The Australian dollar is higher amid continuing signs of economic strength in China.

At 0630 AEST, the local unit was trading at 92.33 US cents, up from 91.98 cents on Monday.

The Australian dollar continues to be driven higher by the better-than-expected August trade figures from China, released on the weekend, showing that stronger exports to recovering overseas economies caused the trade surplus to widen to $US28.6 billion ($A31.50 billion).

The customs figures were the latest to boost confidence about the state of the Chinese economy, following last week's stronger manufacturing data.

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