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Indonesia Central Bank Holds Rate For Second Straight Meeting

Indonesia's central bank left its interest rate unchanged for the second successive meeting on Thursday as inflation is expected to return to the target range this year.

The Board of Governors of Bank Indonesia decided to hold the 7-day reverse repo rate at 5.75 percent. The deposit facility rate was retained at 5.00 percent and the lending facility rate at 6.50 percent.

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by Renju Jaya

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