JAKARTA (AFP): Indonesia central bank has cut interest rates for the third time this year and scaled back its growth projections as the global pandemic batters South-East Asia's biggest economy.
Policymakers at Bank indonesia reduced the key lending rate by 25 basis points to 4.25 percent, while lowering their full-year economic growth forecast to between 0.9-1.9 per cent, from a previous 2.3 per cent.
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