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Monday, August 1, 2011

Indonesia cbank sees capital inflows slowing after US debt deal

Indonesia's central bank governor Darmin Nasution said on Monday he saw capital inflows to Indonesia and the pace of rupiah appreciation slowing after the United States reached a deal on its debt.

President Barack Obama announced on Sunday that Democrat and Republican leaders have reached an agreement to reduce the U.S. deficit and avoid default. Obama said the agreement will cut about $1 trillion over 10 years. Source: Reuters

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