$A slightly up on China lending rates news Tech stocks held the US markets back while the Aussie dollar looks set to open marginally stronger. Commsec report THE Australian dollar is higher after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them. At 0630 AEST on Monday, the local unit was trading at 91.83 US cents, up from 91.71 cents on Friday. The announcement from the People's Bank of China on Friday night, Australian time, saw the Aussie gain some ground over the weekend. The bank said the move would lower financing costs for businesses and support China's long-term economic restructuring.