Indonesia hikes rates in bid to halt slide in rupiah

Discussion in 'Market News' started by sniper-academy, May 17, 2018.


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  1. sniper-academy

    sniper-academy Administrator Staff Member

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    JAKARTA: Indonesia's central bank hiked its key interest rate on Thursday (May 17) as Southeast Asia's biggest economy seeks to halt a further slide in the rupiah. Bank Indonesia's board of governors boosted the policy rate to 4.5 per cent from 4.25 per cent, a move predicted by a majority of ...

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