Indonesia central bank independence questioned as Prabowo pressures policy

Indonesia's central bank faces mounting scrutiny over its independence as President Prabowo Subianto seeks greater influence over economic policy, amid a weakening rupiah and fiscal strain. The appointment of Destry Damayanti, initially as deputy governor, has intensified investor concerns about monetary policy credibility. The core issue is whether the bank can maintain autonomy, which is critical for market confidence in Southeast Asia's largest economy.