Senin , 28 Jan 2013, 23:50 WIB

Kadin: Redenomination is sanering in disguise

REPUBLIKA.CO.ID, JAKARTA - Deputy Chairman of Indonesian Chamber of Commerce and Industry (Kadin), Natsir Mansyur, said on Monday that the redenomination was sanering in disguise. Ministry of Finance and...

Rabu , 23 Jan 2013, 20:18 WIB

Govt and BI start introducing IDR redenomination to public

REPUBLIKA.CO.ID, JAKARTA - Started on Wednesday, Ministry of Finance and Bank Indonesia (BI) start to intrroduce  the IDR redomination, which will drop three zeroes from the Indonesian currency. Public were assured that redenomination was different from sanering, which not only cut the nominal value but also the exchange value of the currency. Minister of Finance, Agus Martowardojo, said the redenomination...