Indonesia's central bank has a new acting governor—but will the government let her do her job?
· livemint.com
How much operating space does the president's nominee to Indonesia’s central bank have? Signals of autonomy will support market confidence in policy. Jakarta mustn’t ignore the risk of capital flight if politics is seen to be in control.
By all means greet Destry’s appointment with relief. She is likely to be tested soon enough, if not by Prabowo, then by the markets. Her instincts will be to ...