DPR Assures Monetary Stability After Perry Warjiyo's Resignation

The Indonesian House of Representatives (DPR) has asserted that the resignation of Bank Indonesia (BI) Governor Perry Warjiyo will not disrupt monetary policy or the national financial system. Deputy Chairman of Commission XI, Mohamad Hekal, stated that the leadership transition mechanism at BI is clearly regulated by the Bank Indonesia Law, so the public need not speculate. He also called on all parties to respect Perry Warjiyo’s decision and the personal reasons behind it, while expressing the highest appreciation for his service during his tenure as Governor and his career at the institution. ‘We must respect his decision to resign and also respect the privacy of whatever reasons underlie his decision. We must certainly give the highest appreciation and respect for his contributions as Governor of Bank Indonesia and during his career at BI,’ Hekal said in a release from Commission XI on Tuesday (28/7/2026). Hekal explained that, in accordance with the Bank Indonesia Law, Senior Deputy Governor Destry Damayanti is now carrying out the duties as Acting Governor of BI until the President proposes a definitive candidate to the DPR. He believes Destry has sufficient experience and capacity to ensure all functions of Bank Indonesia continue to operate normally during the transition period. ‘I think Mrs Destry has sufficient ability and experience. She has also been a guardian, especially in controlling and managing the rupiah exchange rate against the dollar and other currencies. So I think she is quite capable of maintaining BI’s performance during this transition,’ he said. Hekal also reminded the public not to be easily influenced by various speculations circulating on social media regarding Perry Warjiyo’s resignation, as the entire leadership change process is proceeding according to legal corridors. ‘We do not need to speculate on baseless information. The important thing is we talk about the facts first. The procedures mandated by law have been carried out, and the Senior Deputy Governor is carrying out these duties in accordance with the provisions,’ stressed the legislator from the Central Java XI electoral district. Hekal assessed that close coordination between Bank Indonesia and the government is a key factor in maintaining financial system stability during the transition. With communication remaining well-established, he is optimistic that public and market confidence will be maintained until a definitive governor is appointed. ‘The most important thing is coordination between the guardians of monetary policy and fiscal policy so that financial system stability is maintained. I am confident this transition period can be navigated well while waiting for the President to propose a definitive BI Governor candidate to the DPR,’ he concluded.