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Indonesia's Inflation Moderates, Rupiah Stabilizes
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Indonesia's Central Bank Maintains Rates
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Indonesia's inflation rate slightly decreased in April, aligning with the central bank's target range. Bank Indonesia raised policy rates to bolster the rupiah amidst global uncertainties, leading to a temporary strengthening post-data release.
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How could the fluctuating strength of the rupiah influence Indonesia's trade balance and foreign investment?
How might the stability in inflation impact Indonesia's economic outlook and consumer behavior?
What factors contributed to the slight discrepancy between the actual inflation rate and the forecast?
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