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Indonesia raises rates as rupiah plunges again
Indonesia raised its key interest rate today by 25 basis points to 7.50 per cent effective immediately, following an ongoing fall in the rupiah this week amid worries over climbing oil prices. The beleaguered currency fell to fresh lows today past the 10,200 level to the US dollar, despite efforts by the central Bank Indonesia to intervene, dealers said.
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Ruben
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very sad!




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