The Economic Times

Indonesia's central bank governor Perry Warjiyo steps down, stoking independence concerns

Indonesia's central bank governor Perry Warjiyo resigned unexpectedly on Monday. Destry Damayanti, a senior deputy governor, will now serve as interim governor. This surprise move could unsettle investors concerned about central bank independence. The rupiah weakened and the stock index initially fell after the announcement. Analysts await the government's decision on a permanent successor for stability.