Jakarta Post

Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post
The Jakarta Post
Video Weather icon 30°C
DKI Jakarta, Indonesia
30°C Partly Cloudy

Dry and mostly cloudy throughout the day.

  • Wed

    26℃ - 32℃

  • Thu

    25℃ - 32℃

  • Fri

    25℃ - 31℃

  • Sat

    26℃ - 30℃

The momentum to remove fuel subsidies

  • Izhari Mawardi

Cambridge, Massachusetts | Wed, April 4 2012 | 10:54 am

PREMIUM If Bank Indonesia (BI) cuts three zeros in the Indonesian rupiah, the nation’s consumers would lose confidence in our currency. For many old enough to remember, it would be the sanering or slashing of the currency’s value of 1959 all over again.

If we handle the redenomination quickly, these pains can be minimized. But for the redenomination to work, BI must also expedite the redenomin...