The Importance of Agility in Business Strategy
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“The rate of interest reduce will enhance economic activity, business expansions and public consumption, especially those related to durable items,†stated Mdm Dian from Bank Mandiri. The central bank had anticipated the Fed’s move, so it adjusted its own policies hours before, defined Mr David Sumual, chief economist of Bank Central Asia , Indonesia’s largest private financial institution. When the Fed moves, usually large sums of cash are shifted by traders from US government bonds to developing markets, such as those in Southeast Asia, inflicting their respective currencies to strengthen …