Indonesian Political, Business & Finance News

DPR Assures Monetary Stability After Perry Warjiyo's Resignation

| Source: CNBC Indonesia Translated from Indonesian | Economy
DPR Assures Monetary Stability After Perry Warjiyo's Resignation
Image: CNBC Indonesia

Jakarta, CNBC Indonesia — Mohamad Hekal, Deputy Chairperson of Commission XI of the Indonesian House of Representatives (DPR RI), has affirmed that the resignation of Bank Indonesia (BI) Governor Perry Warjiyo will not disrupt the stability of monetary policy or the national financial system, as the mechanism for a leadership transition at BI is clearly set out in the Bank Indonesia Law, meaning the public need not speculate.

He invited all parties to respect Perry Warjiyo’s decision and the personal reasons behind it, whilst also expressing appreciation for Perry’s service in leading Bank Indonesia and throughout his career at the institution.

“We must respect his decision to resign and also respect the privacy of whatever reasons underlie it, and we must certainly offer our highest appreciation for his contributions both as Governor of Bank Indonesia and throughout his career at BI,” Hekal said, quoted from a Commission XI DPR RI press release on Tuesday (28/7/2026).

Hekal explained that, in accordance with the provisions of the Bank Indonesia Law, Senior Deputy Governor Destry Damayanti is now carrying out the duties of Acting BI Governor until the President nominates a permanent gubernatorial candidate to the DPR. He noted that Destry possesses sufficient experience and capacity to ensure all Bank Indonesia functions continue to run normally during the transition.

“I believe Mrs Destry has sufficient ability and experience. She has also been the gatekeeper, particularly in controlling and managing the rupiah exchange rate against the dollar and other currencies. So I believe she is quite capable of maintaining BI’s performance during this transition,” he said.

Hekal also reminded the public not to be easily swayed by speculation circulating on social media regarding Perry Warjiyo’s resignation, as the entire leadership succession process is proceeding within the legal corridor.

“We need not speculate on information that has no basis. Let us speak of facts first. The procedures mandated by law have been carried out, and the Senior Deputy Governor is indeed performing those duties in accordance with the provisions,” stressed the legislator from Central Java XI electoral district.

Hekal assessed that close coordination between Bank Indonesia and the government is the key factor in safeguarding the stability of the financial system during the transition. With communication remaining sound, he is optimistic that public and market confidence will be preserved until a permanent governor is confirmed.

“What is most important is coordination between the guardian of monetary policy and fiscal policy so that the stability of the financial system is maintained. I am confident this transition period can be navigated well whilst awaiting the President’s nomination of a permanent BI Governor candidate to the DPR,” he concluded.

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Cite this article
Source: jawawa.id (https://jawawa.id/newsitem/dpr-assures-monetary-stability-after-perry-warjiyos-resignation-1785379844)
Originally published by CNBC Indonesia (https://www.cnbcindonesia.com/news/20260730081748-4-754951/usai-perry-warjiyo-mundur-dpr-tegaskan-stabilitas-moneter-terjaga), translated from Indonesian
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