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The Canberra Times
The Canberra Times
National

Rising gas prices to bolster Aussie dollar

United States Aussie Russia Australia Westpac
Picture: Shutterstock

Rising commodity prices are set to bolster a stronger Australian dollar with energy exports tipped to benefit from sanctions imposed on Russia.

Analysts at Westpac believe elevated energy prices will benefit LNG exporters and potentially offset the impact of higher oil prices to the nation's trade account.

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