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Joko pushing for lower bank lending rates
He also requests state energy firm Pertamina to cut fuel prices if possible to help boost purchasing power
Add BT as a preferred sourcePublished Fri, Oct 2, 2015 · 09:50 PM
Jakarta
INDONESIA'S President, Joko Widodo, will seek to encourage reductions in bank lending rates and fuel prices as part of a package of policy reforms due to be announced next week, the chief economics minister said on Friday.
But the central bank governor cautioned that the weak rupiah, currently trading at 17-year lows versus the US dollar, might make it risky to lower their interest charges.
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