Tuesday, Indonesia's central bank lowered its key interest rate by 25 basis points to 7.25% from 7.50%. The decision was in line with economists' expectations.
The Bank Indonesia slashed the rate for a sixth straight month, taking the rate to the lowest level since July 2005, when the measure was introduced.
The central bank maintained its forecasts for the economy, which is expected to grow between 3% and 4% in 2009, while inflation is forecast to be in a range of 5%-7%.
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