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Indonesia's Jan exports slide by more than 20%; central bank may cut rates
Published Mon, Feb 15, 2016 · 09:50 PM
Jakarta
INDONESIA posted a small trade surplus in January, confounding expectations for a third monthly deficit, due largely to a slump in imports from persistently weak domestic consumption.
Sliding prices for oil, gas and other commodities have led to a sharp drop in export earnings for South-east Asia's largest economy, and deteriorating global demand could push the central bank to cut rates again this week, some economists said.
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