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Bank Indonesia resists pressure to cut interest rates

Wednesday, May 20, 2015 - 05:50

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The rupiah has fallen almost 6 per cent against the US dollar this year, the worst performer among major Asian currencies.

Jakarta

INDONESIA'S central bank kept its benchmark interest rate unchanged for a third straight month, resisting monetary easing less than two weeks after the government said it would do so gradually.

The central bank also said it will loosen lending rules to support growth, even

sentifi.com

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