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7/25/2006 4:23 AM
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Statement by the Governor of Bank Indonesia: Bank Indonesia Lowers BI Rate 50 bps to 10.25


Today, Tuesday November 7, 2006, Board of Governor’s Meeting at Bank Indonesia decided to lower the BI Rate a further 50 bps from 10.75% to 10.25%. This decision was taken after in-depth discussion and evaluation of the macroeconomic outlook, following careful examination of findings from consumer and producer surveys and the outlook for economic and monetary conditions in Indonesia and worldwide.  

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