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Indonesia tackling dysfunctional money markets

Analysts say the process will be long, central bank needs to become more effective in signalling, and the markets require more tools and products


INDONESIA'S central bank has taken a first step to fix the country's dysfunctional and often volatile short-term money markets - but the journey will be long.

Frustrated by futile attempts to push down the high cost of funds, Bank Indonesia (BI) is shifting in August to a...

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