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Commerzbank AGCommerzbank: Rupiah Weakens as Investors Weigh New Indonesian Finance Minister
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Commerzbank analysts report that USD/IDR extended gains as investors assessed the appointment of Suahasil Nazara as Indonesia's new Finance Minister, the third in under two years. The move reflects a market test of Indonesia's policy credibility following the latest leadership change at the finance ministry. Nazara takes over the role amid heightened scrutiny of the country's economic policy direction.
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