$A rises on Jobs data
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AAP
2012-09-06
The Australian dollar has risen a fifth of a US cent following the release of better-than-expected jobs data.
The national unemployment rate fell to 5.1 per cent in August, data released by the Australian Bureau of Statistics at 1130 AEST on Thursday, shows.
AAP's survey of 16 economists this week showed a median forecast for an unemployment rate of 5.3 per cent in August, up from 5.2 per cent the previous month.
At 1132 AEST the Australian dollar was trading at 102.06 US cents, up from 101.86 us cents at 1129 AEST, shortly before the data was released.
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