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Monday, March 7, 2011

Indonesia cbank gov sees core inflation under 5 pct this yr

Indonesia's central bank governor Darmin Nasution said on Friday he saw core inflation at under 5 percent this year.

Bank Indonesia earlier on Friday decided to keep its benchmark overnight interest rate on hold at 6.75 percent, as forecast by a slender majority of economists, saying it was monitoring increasing core inflation.

Annual core inflation in February picked up to 4.36 percent.Source: Reuters

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