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Jakarta Post
The Jakarta Post
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DKI Jakarta, Indonesia
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Rupiah redenomination will not change its value: BI

  • The Jakarta Post

Jakarta | Wed, August 4 2010 | 08:53 am

PREMIUM The planned redenomination of the rupiah unveiled by the central bank early last week has raised public concern that the monetary policy may devalue the currency.To ease concern, Bank Indonesia Governor Darmin Nasution immediately called for a press conference early Tuesday, saying that the planned redenomination of the national currency would not inflict any financial losses as the measure would ...