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Indonesia central bank chief resigns

The surprise resignation of Bank Indonesia Governor Perry Warjiyo has triggered currency volatility and a transition to acting leadership.

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181260Jul 27 06:29Jul 27 07:29 UTC

The brief

Perry Warjiyo has stepped down as the governor of Indonesia's central bank in a move described by Reuters as a surprise. Following his resignation, the rupiah has slid, and a presidential decree regarding his dismissal is expected to be issued soon.

Coverage from Bloomberg and Reuters emphasizes the transition to acting chief Damayanti, who is viewed as a "safe pair of hands." Financial Times and TradingView have also reported on the resignation and the subsequent market reaction. Attention now turns to the official issuance of the presidential decree and the continued operations of Bank Indonesia, which VOI.ID reports is guaranteed to continue to run.

Synthesized by Newsylist from the headlines below under a strict no-invention contract. ✓ fact-checked: all claims supported by sources Updated just now.

Quick answers

Who is the acting chief of Bank Indonesia?

Damayanti is the acting chief.

How did the market react to the resignation?

According to TradingView, the rupiah slid following the governor's departure.

Was the resignation expected?

Reuters characterized the move as a surprise.

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