Purbaya’s Replacement Raises Fiscal Uncertainty, May Pressure IHSG and Rupiah
JAKARTA, Jakartaweekly.com—The sudden replacement of Finance Minister Purbaya Yudi Sadewa could increase fiscal uncertainty and put pressure on Indonesia’s financial markets, an analyst said. Economic, currency, and commodities analyst Ibrahim Assuaibi said the immediate impact could be felt in the Jakarta Composite Index (IHSG) and the rupiah exchange rate, particularly as foreign investors assess the […]
