Economy Bloomberg 28d ago

Prabowo Nominates Nephew as Bank Indonesia Deputy Governor

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Why This Matters

Indonesian President Prabowo Subianto has nominated his nephew for Bank Indonesia deputy governor, sparking investor concerns about the central bank's autonomy and causing the rupiah to near its record low.

Market Impact

Market impact analysis based on bearish sentiment with 90% confidence.

Sentiment
Bearish
AI Confidence
90%
Time Horizon
Short Term

Article Context

Note: This is a brief excerpt for context. Click below to read the full article on the original source.

Indonesian President Prabowo Subianto has nominated his nephew for Bank Indonesia deputy governor, sparking apprehension among investors that the move could erode the central bank’s autonomy. The rupiah closed near its record low.

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Original article published by Bloomberg on January 19, 2026.
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