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Finance & Markets

Indonesia’s Rupiah Defense Seen Needing a Rate-Hike Turbocharge

Bank Indonesia may need to deploy more aggressive measures, including further rate hikes, to sustainably lift the rupiah from near-record lows, according to analysts.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

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Oil settles lower on peace hopes

NEW YORK: Brent crude futures finished lower on Monday amid hopes of easing hostilities in the Middle East, but persistent attacks on key producer Saudi Arabia and maritime shipping kept investors…

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