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Bank Indonesia resists pressure to cut interest rates
Published Tue, May 19, 2015 · 09:50 PM
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 as it resisted pressure to cut interest rates. "To keep the economic growth m…
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