Indonesia’s President Prabowo Subianto nominates Destry Damayanti as the sole candidate to become governor of Bank Indonesia. Multiple outlets report the nomination follows her current role as acting governor and is closely watched by markets, including international investors.

The nomination comes after the abrupt resignation of then-governor Perry Warjiyo last month (late July, according to one report). Outlets agree Damayanti has been acting in the position since Warjiyo’s exit and is now put forward to formalize leadership at the central bank. Channel NewsAsia and other regional coverage cite a presidential spokesman saying she is the sole candidate.

Differences are mainly in emphasis. Bloomberg notes Prabowo also selects insiders for other top central bank posts, framing the move as reinforcing expectations of policy continuity. The Diplomat highlights a market reaction, noting the rupiah rises slightly on the nomination. Several reports add that the next step is approval by Indonesia’s House of Representatives, after which the appointment can be finalized.