Jakarta (ANTARA) – Senior economist at the Institute for Development of Economics and Finance (Indef), Didik J. Rachbini, said the new Bank Indonesia (BI) governor should take a leading role in maintaining the stability of the rupiah exchange rate.”Coordination is essential and falls under Bank Indonesia's responsibility in maintaining the exchange rate. The new Bank Indonesia governor should not be passive in this coordination by focusing solely on monetary duties, but should take the lead in coordinating with other ministries,” he said in a written statement received here on Monday.According to Rachbini, the BI governor is the official primarily responsible for safeguarding the stability of the rupiah exchange rate.Through coordination with the Ministry of Finance, the Ministry of Trade, and ministries responsible for investment and industry, the BI governor is expected to help maintain exchange rate stability, which is closely linked to international trade, investment, and fiscal policy.He said the BI governor should not only play a central role in formulating monetary policy but also lead broader efforts to safeguard the rupiah, given the significant challenges arising from both monetary and non-monetary factors.Rachbini added that maintaining adequate foreign exchange (forex) reserves requires coordination with relevant stakeholders, as the reserves are used for market intervention, government external debt payments, and maintaining market confidence.He also emphasized that strengthening forex reserves requires close collaboration between Bank Indonesia and the government to boost trade, expand the real sector, and ensure export proceeds remain in the country.According to Rachbini, Bank Indonesia's responsibilities extend beyond setting monetary policy through interest rates and managing payment systems, including the Real Time Gross Settlement (RTGS) system, QRIS, and currency circulation.As reported earlier, Senior Deputy Governor Destry Damayanti has been appointed acting governor of Bank Indonesia following Perry Warjiyo's resignation.Under the Bank Indonesia Law, the President nominates a candidate for BI governor to the House of Representatives (DPR). Commission XI of the DPR then conducts a fit and proper test before approving the nomination.Once approved by the DPR, the nominee will be formally appointed and inaugurated by the President as the definitive governor of Bank Indonesia.