Markets were not pricing the departure of one individual, but they were reassessing something far more valuable: the institutional reputation of BI.

JAKARTA: Bank Indonesia Governor Perry Warjiyo has stepped down from his role, Indonesia's State Secretariat Minister Prasetyo Hadi said on Monday (Jul 27).President Prabowo…

Perry's departure comes just weeks after BI aggressively tightened monetary policy, raising its benchmark interest rate by a cumulative one percentage point to 5.75 percent…