- Indonesia's rupiah has reached a record low against the US dollar.
- The nomination of a president’s nephew for central bank deputy governor has raised concerns about monetary policy independence.
- The government insists the central bank remains independent and claims the currency's decline has limited economic impact.

A: Hey! Did you hear about the rupiah? It’s gotten really weak!

B: No way! Seriously? What happened?

A: Yeah, it hit a record low against the dollar. It's pretty crazy.

B: Wow. Why do you think?

A: Well, the President picked his nephew to be a deputy governor at the central bank.

B: His nephew? That’s… interesting. Does that matter?

A: Apparently, people are worried it might affect how independent the bank is. Experts think it's contributing to the rupiah's problems.

B: So, because of the nephew thing, the rupiah went down a lot?

A: It did! It dropped a lot on Tuesday. It’s been going down since the beginning of the year, though.

B: That’s not good. Is Indonesia okay?

A: The President wants to make the economy grow *really* fast, like eight percent by 2029. He’s trying to push things hard.

B: Eight percent! That's a big goal.

A: Exactly! The Finance Minister said the government will still let the bank do its job, you know, stay independent.

B: And he’s saying the weak rupiah isn’t a big deal for the economy?

A: That’s what he said! But… still, a record low isn't something to celebrate, right?