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Indonesia c.bank unexpectedly raises rates amid falling rupiah

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Indonesia c.bank unexpectedly raises rates amid falling rupiah

Bank Indonesia unexpectedly raised interest rates on Thursday to arrest the rupiah's decline amid U.S. monetary tightening and rising geopolitical risks, with economists seeing possible further hikes should the currency's weakness persist.

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Indonesia c.bank unexpectedly raises rates amid falling rupiah

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Indonesia c.bank unexpectedly raises rates amid falling rupiah

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