Indonesia's c.bank dep gov says sees room for rate cut - Indonesia News Blog

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Jun 29, 2009

Indonesia's c.bank dep gov says sees room for rate cut

Indonesia's central bank deputy governor Hartadi Sarwono said on Monday that he sees room to cut interest rates further.
Bank Indonesia will hold its policy meeting on Friday and analysts expect it to cut the key BI rate by 25 basis points to 6.75 percent.
Bank Indonesia has cut the interest rate by 2.5 percentage points since December last year.

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