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Indonesia's Central Bank Maintains Rates
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Overview
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Indonesia's central bank maintains interest rates to secure FX stability and keep inflation within target range, as expected. The 7-day reverse repurchase rate remains unchanged at 6.00%. Governor Perry Warjiyo highlights good economic activity and rising consumption, with previous rate hikes aimed at controlling inflation and stabilizing the rupiah exchange rate.
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How might the central bank's decision to keep interest rates unchanged impact Indonesia's economic growth and inflation?
How might the central bank's decisions affect investor confidence and foreign investment in Indonesia?
What factors could influence the rupiah's exchange rate and its potential impact on Indonesia's trade?
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