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First United Indonesia: 3 Muhammad Lukman Edy (b. 1970) (State Minister) State Minister of Development in Underdeveloped Regions 9 May 2007 1 October 2009 – Djoko Kirmanto (ad-interim) (b. 1943) Independent: 1 October 2009 20 October 2009 4 Helmy Faishal Zaini (b. 1972) (State Minister) PKB: 22 October 2009 1 October 2014 Second United Indonesia
Indonesia had taken similar actions in the years leading up to the crisis, in December 1995 from 2 to 3%, in response to the Mexican financial crisis, and in June and September 1996, from 3 to 5% and then 5 to 8%. These actions had been successful in the past in defending the rupiah, but on this occasion, a more serious crisis of confidence arose.