The Australian dollar closed lower after the release of figures showing a steady unemployment rate, and sterling selling off overnight in London.

At 1700 AEST, the Australian dollar was trading at $US0.9260/63, down from Wednesday's close of $US0.9272/74.

Since 0700 AEST on Thursday, the local unit has moved in a tight range between $US0.9245 and $US0.9282.

Australia's unemployment rate was a seasonally adjusted 5.3 per cent in March, compared with an unrevised 5.3 per cent in February, the Australian Bureau of Statistics (ABS) said on Thursday.

Total employment rose by 19,600 to 10.988 million in March, seasonally adjusted.

Total employment was expected to have risen by 30,000 in March for an unemployment rate of 5.3 per cent, the median of 11 economists surveyed by AAP showed.

At 1600 AEDT, the RBA's trade weighted index (TWI) was unchanged from Wednesday's close of 72.4.

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