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Central Bank Rate Decisions and Currency Stability
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Financial News Highlights
Indonesia's GDP Growth Slows in 2023
Indonesia's Q3 GDP Growth Weakens
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Malaysia's central bank maintains key rate, signaling an extended pause despite expectations of higher US rates. The ringgit's poor performance prompts former premier's call for pegging to the US dollar, while Indonesia's financial sector remains resilient to high US rates and geopolitical risks.
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How might Indonesia's financial sector's resilience to high US rates and geopolitical risks influence global financial stability and investment decisions?
How might the extended rate pause in Malaysia impact investor confidence and foreign exchange market stability?
What are the potential implications of pegging the ringgit to the US dollar for Malaysia's economy and currency stability?
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