Power Play at the Central Bank
A political compromise seems to be what's behind the release of Syahril Sabirin. Even the IMF has pointed out the importance of BI's autonomy. Does this mean the competition between Akbar Tandjung and Abdurrahman Wahid is still very much on?
December 11, 2000
SYAHRIL SABIRIN, the governor of Bank Indonesia (BI) is free. And the drama now being played out at the central bank has entered a new round with his detention being deferred. Last Friday, the exchange rate of the rupiah dipped below Rp9,565 against the US dollar, the lowest it has ever been since President Abdurrahman Wahid's administration came to power. There is certainly some connection between this drop and all the abuse that both Coordinatin
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