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Maroc Maroc - WN.COM - Asia - 08/12/2025 01:57

Confidence test: Indonesia to lop the zeroes off its rupiah

JAKARTA – Indonesia is preparing to take a technically neutral yet symbolically significant step in its economic evolution: the redenomination of the rupiah. The plan, long discussed within the government and Bank Indonesia, aims to simplify daily transactions and accounting by removing zeros from the currency. While the move will not change real value or purchasing power, it signals a maturing economy ready to modernize its monetary system calmly and deliberately. At its core, redenomination seeks efficiency. A currency system filled with multiple zeros creates administrative friction, higher transaction costs, and greater risk of calculation errors. Converting 1,000 rupiah into one...

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