Indonesia volcano eruption closes eight airports
Anak Krakatau eruption Sept 5-6 forced closure of Jakarta's Soekarno-Hatta and seven other airports, stranding 170,000 passengers.
Coverage tagged: Indonesia (IDN)
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Anak Krakatau eruption Sept 5-6 forced closure of Jakarta's Soekarno-Hatta and seven other airports, stranding 170,000 passengers.
House Commission XI endorsed Destry Damayanti on Aug 27, the full plenary confirmed her Sept 1, and she was sworn in as permanent Bank Indonesia governor on Sept 2, closing the vacuum opened by Warjiyo's abrupt June resignation. The JCI rose 1.14% on the confirmation. Not restored to the pre-resignation level: a governor confirmed through a political process after a shock resignation leaves the institution more exposed than before.
Prabowo nominated sitting deputy governor and interim chief Destry Damayanti, a former Bank Mandiri chief economist, as permanent BI governor, filling top posts with career insiders; the rupiah strengthened to its best level since June 18 on the continuity read, while the institutional question the abrupt Warjiyo exit raised stays open. FX signal and independence signal booked separately; score held with confidence up.
After Warjiyo's July 27 shock resignation, acting governor Destry Damayanti was formally submitted as the sole nominee (Aug 10) with the DPR fit-and-proper vote pending (possible recess delay; carry-forward); the rupiah steadied on the nomination. Insider continuity is the stabilizing read; held.
Bank Indonesia Governor Perry Warjiyo resigned without explanation July 27, weeks after aggressive tightening, with Senior Deputy Destry Damayanti named acting governor; Reuters frames the succession as a test of central-bank independence under Prabowo. Multiply corroborated (Reuters, Jakarta Post, Tempo, CNA): drove Indonesia monetary independence 5 to 3.
Modi's July 6-8 Indonesia visit produced 20 MOUs (incl. BrahMos cooperation) and Indonesia's top civilian honor, deepening SE Asia ties. India alliance_reliability held at 1 (partly offsetting US-deal friction).