CANBERRA – Australian manufacturers are becoming concerned about the rising value of the Australian dollar on their growing export markets. Exports of vehicles and parts now are worth about A$5 billion ($3.3 billion) annually – up from just A$1.2 billion ($793 million) 10 years ago. But the local dollar has risen 20% against the greenback this year, as well as 18% against the yen and 9% against the euro. The new exchange levels cuts some A$600 million ($397 million) from the industry’s ...
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