Скачать или смотреть Indonesia's New Currency Plan: Rupiah Redomination Explained

The Indonesian government is taking steps towards a significant monetary change. In this video, we delve into the proposed Bill to redenominate the Indonesian rupiah, which aims to enhance economic efficiency and credibility. The plan involves removing zeros from the currency, a move that has been considered for years.
We explore the history of this idea, including the 2013 draft proposal, and discuss the potential impact on the country's economy. Find out why this measure is being considered and what it could mean for Indonesia's financial landscape.
When will the Bill be finalized?
How many zeros will be slashed?
What are the benefits and potential challenges?
What does Bank Indonesia say about the timing?