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(Z1) Off Lows, But Remains Weak

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Still Vulnerable

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Bullish Price Sequence

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Bank Indonesia's Board of Governors has kept its benchmark seven day repo rate unchanged at 3.5% as the two day meeting concluded on Tuesday.

The central bank also maintained its overnight deposit and lending facility rates at 2.75% and 4.25%, respectively.

No change was expected at the meeting, with the Bank looking to the easing of lockdowns and momentum for vaccinations to help the economy rebound.