Central bank's independence to be tested after governor's shock exit

Perry Warjiyo stepped down on Monday as Bank Indonesia (BI) governor after eight years for personal reasons, with Destry Damayanti, a senior deputy governor, appointed as interim governor, bringing some level of continuity, for now.

At stake is whether Indonesia's policy path may bend to political pressure even as the rupiah hovers near record lows and investor confidence over Indonesia's fiscal health under President Prabowo Subianto continues to erode.

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