Bank Indonesia's governor wasting no time on rate hikes
Indonesia’s new central bank governor is putting his stamp of authority on his role, calling an unscheduled policy meeting for Wednesday and setting the stage for a second interest rate increase in two weeks to stem a rout in the currency.A day after Governor Perry Warjiyo was sworn into office, Bank Indonesia announced that the monetary policy board will meet this week, about a month before its next regular monthly scheduled one.