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Indonesia’s Central Bank Stands Pat

alexgracia6532 years ago2 years ago
Indonesia’s Central Bank Stands Pat

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Indonesia’s central bank maintained its benchmark seven-day reverse repo rate, as expected, as inflation remained under control.

Bank Indonesia kept its benchmark interest rate unchanged at 5.75%. Eight economists polled by The Wall Street Journal had unanimously expected the central bank to stand pat.

The central bank also maintained its…

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Tagged: Economic News Interest Rates Monetary Policy PRO SYND WSJ-PRO-CB WSJ-PRO-NP

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