Bloomberg News

Australian Dollar Erases Decline Versus Yen, Gains 0.2 Percent

June 29, 2011

June 29 (Bloomberg) -- Australia’s dollar erased a daily decline against the yen.

Australia’s currency climbed 0.2 percent to 85.65 yen as of 3:50 p.m. in Sydney, reversing from a 0.3 percent decline earlier. It reached as high as 85.665 yen, the strongest since June 16.

To contact the reporter on this story: Candice Zachariahs in Sydney at czachariahs2@bloomberg.net

To contact the editor responsible for this story: Rocky Swift at rswift5@bloomberg.net


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