MonarqiLabs / Scenarios / Finance Minister Reshuffle
Scenario

Finance Minister Reshuffle

The finance minister is replaced; markets test fiscal credibility overnight.

1 shocks120 trading daysseed 42200 IDX tickers

The real event behind it

Every scenario is anchored to something that actually happened on the Indonesia Stock Exchange.

Real anchor

Sep 8-9, 2025: Prabowo replaced Sri Mulyani with Purbaya; IHSG fell ~1.6% on the reshuffle day after hitting an intraday record 8,022; rupiah forecast to slide toward 16,550/USD as credibility is re-priced.

The shock schedule

What the scenario injects, and when. Day numbers are trading days from the start of the run.

DayShockSeverityTarget
Day 2Policy shock60%Market-wide

Run it yourself

The desk replays this scenario in the browser, with no account and no install. It ships the counterfactual baseline alongside the shock, so you can see what the event changed rather than only what happened.

More scenarios

23 scenarios in the library, each anchored to a real IDX event or recurring pattern.