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Indonesian central bank says governor briefs foreign investors following surprise rate hike
Indonesian central bank says governor briefs foreign investors following surprise rate hike JAKARTA, June 10 : Indonesia's central bank has briefed investors from Europe, the United States and Asia following its surprise rate hike, senior deputy governor Destry Damayanti told Reuters on Wednesday. On Tuesday, Bank Indonesia raised interest rates by 25 basis points in a rare off-cycle move to 5.50 per cent to try to stabilise the rupiah after the currency hit a series of record lows. Destry...