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المشهد العربي
Source: المشهد العربي
6 Hrsالمشهد العربي
Source: المشهد العربي
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Bank Indonesia kept its benchmark interest rate unchanged at 5.75% for the fourth consecutive time and raised its overnight deposit facility rate by 25 basis points to 5%, while keeping borrowing costs at 6.5%. The decision came amid steep declines in the stock market and the rupiah’s stability near historic lows, and defied some analysts’ expectations that the bank would raise rates to curb the sell-off.
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