The Australian dollar has held on to its two-year high against its US counterpart, on the back of an upbeat assessment of the economy in the minutes of the Reserve Bank of Australia's July policy meeting.
At 0630 AEST on Wednesday, the local currency was worth 79.17 US cents, from 79.15 US cents on Tuesday.
Unexpected commentary from the RBA on Tuesday, which indicated a potentially more open mind to rate hikes, and a falling greenback combined to push the Aussie dollar to its highest level in more than two years.
The Australian dollar surpassed 79 US cents for the first time since May, 2015 and was trading at 79.16 US cents at 1700 AEST on Tuesday, having retreated from a session high of 79.24 US cents.
On Wednesday, the local currency continued to rise strongly as the US dollar remained weak against a basket of major currencies, after two more Republican senators doomed the Senate's attempt to replace and repeal America's national health care.
Despite the Aussie's gain against its US counterpart, the local currency fell against the yen and the euro.
One Australian dollar buys:
* 79.17 US cents, up from 79.15 on Tuesday
* 88.69 Japanese yen, from 88.75 yen
* 68.53 euro cents, from 68.66 euro cents
(*Currency closes taken at 1700 AEST previous local session)