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Indonesia Delivers Off-Cycle Rate Hike to Temper Market Rout | Collector
Indonesia Delivers Off-Cycle Rate Hike to Temper Market Rout
Bloomberg Economics

Indonesia Delivers Off-Cycle Rate Hike to Temper Market Rout

Indonesia’s central bank unexpectedly raised its benchmark interest rate in an off-cycle decision, seeking to shore up the rupiah after a selloff rattled the nation’s currency and bonds.

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