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Australian Dollar Rises After China GDP Data

The Australian dollar strengthened against other major currencies in the Asian session on Friday, after China's economy grew at the slowest pace in more than a year in the third quarter.

Data from the National Bureau of Statistics showed that China's gross domestic product expanded 4.6 percent on a yearly basis in the third quarter. This was the weakest growth since the first quarter of 2023.

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by RTTNews Staff Writer

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