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The Nexus
BUSINESSMay 20 · 00:00 UTCBLOOMBERGGrace Sihombing

Bank Indonesia Rate Hike in Play as Rupiah Plumbs New Lows

Bank Indonesia is considering a rate hike as the Rupiah hits new lows. This decision may impact the country's economy and currency value. The move aims to stabilize the Rupiah and mitigate inflationary pressures.

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