Minister of Finance: Purbaya Yudhi Düsseldorf The The decline of Rp 17,000 per US dollar does not only reflect fragility economic fundamentals or increasing global geopolitical pressures. It is also reveals the failure of the state to manage market expectations through credibility, Legally based policy communication. In the modern financial system, Exchange rate stability is not only shaped by macroeconomic indicators, but also by confidence in the coherence and consistency of the country's message. Markets Operating on perception, law operates on certainty The The Minister of Finance's Emphasis on the Highest Composite Stock Price Index (JCI) as proof of the upcoming dollar inflows highlights a fundamental weakness: equalizing stock market performance with guaranteed monetary stability. Economically, correlation is far from automatic. However, legally, the problem runs deeper. In legal framework of financial markets, the state bears implicit obligations to communicate...
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