Text your say: Rupiah redenomination

Your comments on Bank Indonesia’s proposal to redenominate the rupiah by eliminating several zeros from bank notes.

Beware of retail outlets using the rupiah redenomination to manipulate customers!
Recently, I shopped at a well known supermarket in Sanur, Bali. The total bill was rounded “up” to the next Rp 100.
For example, if the total bill was Rp 7,120, I was charged Rp 7,200. This practice is unfair. For the sake of fair trading, I should have only been charged Rp 7,100.
Given the high volume of cus-tomers going through the checkouts, the current practice of always rounding up yields several hundred thousand rupiah per day in excess charges.  
My view of “fairness” emanates from the rounding practice adopted in Australia. If the same practice is legally adopted in Indonesia, the residual amount of Rp 50 or less on
the total bill would be rounded down to the lower Rp 100, and, likewise, a residual amount greater than Rp 50 would be rounded up to the next Rp 100.
When the rupiah redenomination is implemented (if done without a decimal point), the current rounding habit would result in customers paying excess charges up to
Rp 1,000 in current money for any residual amount on the total bill. For example, Rp 7.12 in the new money becomes Rp 8.
Rupiah redenomination creates the opportunity for price hikes, when some retail operators “round up” shelf items to the nearest whole Rp in the new money; i.e. Rp 2,400 in old money becomes Rp 25 in new money.
The rupiah redenomination calls for Indonesian legislators to courageously protect consumers.
Asoka Perera
Sanur, Bali

I support this idea, which is only to eliminate the rupiah’s zero digits, not its value.
We can learn from the successful example set by Turkey!
Eyeng
Pamulang, Banten

This is a good idea. It makes the rupiah easier to count and convert to US dollars.
Rizky
Makassar

I think this is great. I find the rupiah confusing, and tend to get mixed up sometimes.
The Indonesian economy is growing rapidly and the currency should be able to compete internationally.
Aniza
Singapore

I think it’s a great idea. Restaurants and resorts have been eliminating zeros in their menu price lists for years.
Nina ULfah N. Gaffar
Yogyakarta