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Malaysia's Central Bank Maintains Interest Rate; Mahathir Suggests Ringgit Peg; Indonesia's Financial Sector Stable
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Indonesia's Central Bank Holds Rates
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Malaysia's central bank maintains key interest rate amid stable inflation and growth outlook. Mahathir Mohamad suggests pegging the country's ringgit to the US dollar as a way to alleviate price pressures. Indonesia's financial sector is in good condition and can withstand high US rates and rising geopolitical risks.
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How might the decision to maintain the interest rate impact Malaysia's economy?
What are the potential benefits and drawbacks of pegging the ringgit to the US dollar?
What factors contribute to the stability of Indonesia's financial sector?
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