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Indonesian central bank announces surprise rate cut

3 days ago Business & Financial theborneopost
JAKARTA (Sept 18): Indonesia’s central bank today unexpectedly cut key interest rates for the first time in more than three years as the rupiah strengthens and ahead of an expected US reduction later in the day. Bank Indonesia lowered the seven-day reverse repurchase rate by 25 basis points to six per cent, marking the first [...] Read more at: theborneopost

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