Warjiyo’s Departure Raises Scrutiny on BI Policy, Analysts Say

Bank Indonesia Governor Perry Warjiyo’s resignation is expected to heighten uncertainty and volatility across the nation’s financial markets, with analysts citing concerns over policy direction and central bank independence.

By Prima Wirayani

Indonesia central bank governor Perry Warjiyo steps down in surprise move

Indonesia's central bank governor, Perry Warjiyo, resigned on Mon. in a surprise move, raising investor fears over central bank independence and fiscal policy.

Indonesia central bank governor Warjiyo steps down in surprise exit

Bank Indonesia Governor Perry Warjiyo has stepped down from his role, Indonesia’s State Secretariat Minister Prasetyo Hadi said on Monday, a surprise move analysts said could rattle investors worried about the central bank’s independence and ‌the country’s fiscal management. President Prabowo Subianto has accepted Warjiyo’s resignation, the minister said ahead of the opening of financial markets in Jakarta. Destry Damayanti, a senior deputy governor at BI, has been appointed as interim govern...

By Reuters

Indonesia bank chief quits, adding uncertainty to struggling economy

Indonesia bank chief quits, adding uncertainty to struggling economy

Indonesia faces crucial choice after central bank chief's surprise resignation

While Perry Warjiyo's resignation caught markets by surprise, the appointment of Senior Deputy Governor Destry Damayanti as interim governor sends a positive signal, say analysts.

Indonesia's central bank chief quits in surprise move

Indonesia's central bank governor ​stepped down on Monday, in a surprise move that deepens uncertainty as the country grapples with a weakening currency and other economic woe...