Plan BI, Money USD 1000, - will be USD 1, - in 2012

simplification of the mention of the unit price and the currency is called the Redenominasi currency. On Tuesday August 3, 2010 in metro TV broadcast news that the central bank would run the plan will be the redenominasi against the rupiah, as for example money USD 1000, - will be USD 1, -. And planned to be socialized in the year 2012. The plan was disclosed elected Governor of Bank Indonesia Nasution told reporters in a press conference at the BI building, Jakarta, Tuesday (3 August 2010).


Understanding Redenominasi

Redenominasi is not cutting or cutting the value of such currency is the simplification sanering but redenominasi mention unit prices or currency values. Rednominasi very different from the sanering. Redenominasi Meanwhile, he continued, it was done when the economy is stable, moderate growth and inflation rate under control.

Elected Governor of Bank Indonesia said Nasution told reporters in a press conference at the BI building, Jakarta, "Redenominasi this will be done with a very long process, and this can be done because the current economic growth is positive, inflation despite rising prices of chili but still under control, next few years the BI target of seven percent economic growth and inflation is five percent.