Bank Indonesia plans rupiah redenomination: reports
Indonesia is looking into plans to redenominate its currency, Darmin Nasution, the governor elect of the country's central bank, is reported to have said, adding that any move will have no inflationary impact.
The Straits Times, a Singaporean newspaper, reported Nasution as saying on Tuesday that the central bank was studying plans to redenominate its currency and that any move would require the impact on inflation to be neutral. The plans are likely to involve shaving off three zeroes from the
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