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December, 5, 2016

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Indonesia holds its key interest rate at 7.50% for the 5th month

JAKARTA--Indonesia's central bank held its key interest rate at 7.50 percent Tuesday for the fifth consecutive month as inflation slowed and the trade balance improved in Southeast Asia's top economy.

A higher-than-expected February trade surplus and a deceleration of inflation last month to 7.32 percent have added to signs the economy has turned a corner after being hit by emerging market turmoil last year.









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