Indonesia central bank governor Warjiyo steps down in surprise exit

AI Summary

Perry Warjiyo, Governor of Bank Indonesia, has unexpectedly stepped down, causing concern among investors regarding the central bank's independence and Indonesia's fiscal management. Destry Damayanti has been appointed interim governor during this transitional period.

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 governor....