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BANDAR SERI BEGAWAN, July 24 (Xinhua): Brunei Darussalam Central Bank (BDCB) expects the country's inflation to remain low despite the global price hike caused by geopolitical tension.
According to the BDCB's semi-annual policy statement released on Saturday on its website, the BDCB noted that the International Monetary Fund (IMF) had revised its 2022 global growth forecast from 4.4 to 3.6 percent due to Russia-Ukraine conflict spillover effects, such as supply shocks and higher global inflation.
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