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Bank of Indonesia Raises Key Rate 25bps to 9.50%

Asian Economy | Written by CEP News | Oct 07 08 09:57 GMT |

(CEP News) Frankfurt - The Bank of Indonesia announced on Monday that it is raising its main interest rate 25 basis points to 9.50%.

The rise marks the sixth consecutive month in which the bank has decided to increase its rate by 0.25%.

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