Bank Indonesia

Markets are waiting to see if monetary policy credibility remains strong after leadership transition

He reportedly resigned for personal reasons; Destry Damayanti appointed as interim governor

It defies market expectations of another hike following back-to-back increases aimed at supporting the rupiah

Geopolitics has given way to issues related to the Fed, currency dynamics and El Nino

A central feature of the package is trade and industry support through 0% import tariffs on LPG and plastic raw materials

The downgrade reflected opacity in ownership data and market activity, says MSCI

Analysts say the move reflects policymakers’ determination to stay ahead of the curve

It raised the seven-day reverse repurchase rate to 5.75%, the highest level since May 2025

Both economies have been hit by the steep increase in global oil prices