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The Australian dollar rose almost 1 percent this week as more investors were persuaded Australia's central bank would raise interest rates next month for a third time this year, but the currency stalled just below $0.7650.
The Aussie edged up on Friday to a fresh seven-week high of $0.7648 against the US dollar. The Aussie dollar was quoted at $0.7642/47 compared with $0.7625/29 here late on Thursday.

Copyright Reuters, 2006

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