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Indonesia Cuts Interest Rates, Rupiah Weakness Ahead

posted by Avatar forexalliancecom 102 days ago in USD, Fundamental, Special made popular 102 days ago

Indonesia’s central bank cut rates by 25 basis points to 5.75% on Thursday. A very surprising move, the rate cut caught a lot of market analysts and traders by surprise given that the Indonesian economy has actually been growing at a torrid pace.
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