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News

China places first order for Australian coal since ban in 2020 – Reuters

Citing sources familiar with the matter, Reuters reported on Friday that China placed its first order for Australian coal since the unofficial ban imposed in 2020.

No further details are provided about the same.

Also read: China's curbs on Australian commodities may lift in unofficial manner – Bloomberg

Market reaction

AUD/USD has popped again on the above headlines, currently trading at 0.6766, up 0.25% on the day.

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