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fxAug 12, 2026, 10:38 PM

Indonesia Bank Indonesia succession seen supporting rupiah stability

Indonesia’s onshore markets welcomed President Prabowo’s nomination of Deputy Governor Destry Damayanti as the next Bank Indonesia governor, DBS Group Research noted, supporting rupiah stability.

USDIDR

Indonesia’s onshore markets welcomed President Prabowo’s nomination of Deputy Governor Destry Damayanti as the next Bank Indonesia governor, according to Radhika Rao of DBS Group Research.

The succession signal is seen as supportive for rupiah stability, though the report did not provide further details on policy implications.

Source: FXStreet Forex News