Indonesia Central Bank Looks To Slash Zeroes Off Its Currency Notes
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Jakarta, dec 19 (reuters) indonesia's central bank governor said on monday the bank is seeking to slash three zeroes off the face value of rupiah notes in a move to simplify it currency system. Indonesia’s central bank governor said on monday the bank is seeking to slash three zeroes off the face value of rupiah notes in a move to simplify it currency system. bank indonesia governor agus martowardojo said he has asked president joko widodo to revive a previously shelved plan to redenominate the rupiah to make it “more efficient.
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[jakarta] indonesia’s central bank governor said on monday the bank is seeking to slash three zeroes off the face value of rupiah notes in a move to simplify it currency system. bank indonesia (bi) governor agus martowardojo said he has asked president joko widodo to revive a previously shelved plan to redenominate the rupiah to make it. The central bank had long been ready to slash three zeros off the national currency and was simply waiting for the right time to do, its governor said. "redenomination must be done while the economy is stable," bank indonesia senior deputy governor mirza adityaswara told reporters in jakarta on monday. "now, at this moment, it can be done. the exchange rate has been turbulent but it won't have too much of an impact. the main thing is that the economy must be stable.". Tempo.co, jakarta bank indonesia stated that rupiah redenomination or simplifying the number of digits in the rupiah, such as from rp1,000 to rp1, has been prepared for a long time. the country’s central bank governor perry warjiyo claimed that bank indonesia is ready to carry out the plan. perry explained that he had paid attention to the.
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"redenomination must be done while the economy is stable," bank indonesia senior deputy governor mirza adityaswara told reporters in jakarta on monday. "now, at this moment, it can be done. the exchange rate has been turbulent but it won't have too much of an impact. the main thing is that the economy must be stable.". Tempo.co, jakarta bank indonesia stated that rupiah redenomination or simplifying the number of digits in the rupiah, such as from rp1,000 to rp1, has been prepared for a long time. the country’s central bank governor perry warjiyo claimed that bank indonesia is ready to carry out the plan. perry explained that he had paid attention to the. Indonesian finance minister sri mulyani indrawati said the rupiah’s many zeroes reflected the currency’s inflation history and that she would discuss the proposal with parliament with. Indonesia's central bank is looking to revive a previously shelved plan to slash three zeroes off the face value of its rupiah notes,bank indonesia governor.
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Indonesian finance minister sri mulyani indrawati said the rupiah’s many zeroes reflected the currency’s inflation history and that she would discuss the proposal with parliament with. Indonesia's central bank is looking to revive a previously shelved plan to slash three zeroes off the face value of its rupiah notes,bank indonesia governor.
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