Bank of Indonesia Shifts Policy as They Surprises the Markets With a 25bp Cut - Kathy Lien

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Bank of Indonesia Shifts Policy as They Surprises the Markets With a 25bp Cut
Dec 04, 2008 06:18 AM UTC

Kathy Lien

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Via Currency Trading News by DailyFX:

The Bank of Indonesia unexpectedly trimmed its one-month rate (SBI) by 25 bps to 9.25% at its policy meeting Thursday. It hiked rates 6 straight months...

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