Skip to content
Subscriber Only

Aussie Climbs as China Manufacturing Grows First Time Since June

The Australian dollar rose toward a nine-month high after a report showed manufacturing unexpectedly expanded for the time since June in China, the South Pacific nation’s biggest trading partner.

The Aussie extended gains against major peers after data earlier showed Australian manufacturing jumped to the highest since 2004. Supplying raw materials for China’s industrial activity has fueled Australia’s economic growth for more than a decade.