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Aussie Dollar Erases Earlier Decline, Rises 0.2% Versus Dollar

The Australian dollar rose against its U.S. counterpart, erasing an earlier decline.

The so-called Aussie gained 0.2 percent to 99.23 U.S. cents as of 2:44 p.m. in Sydney, after dropping as much as 0.4 percent to 98.63 cents.

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