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Jakarta Post

Comments: Key to successful redenomination

Jan

The Jakarta Post
Fri, January 24, 2014

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Comments: Key to successful redenomination

J

an. 16, Online

Bank Indonesia (BI) Governor Agus Martowardojo has said a stable economy is the key to the successful implementation of the redenomination that will replace Rp 1,000 of the old currency with the new Rp 1.

Your comments:

Now that idea must have required a lot of thought from the economists!

Colin Anderson

Whatever the benefits of this redenomination, I don'€™t see it as urgent.

Just make sure our economy runs well and this nation can shift from being a raw material exporter and potential market for foreign products to become a real economic powerhouse where our citizens'€™ living standard is on a par with citizens from other countries.

To do that, we need lots of reforms, investment and hard work.

Rio Rivai

I think we should reform our industrial sector, financial market and fiscals simultaneously, having political commitment from all stakeholders to make a comprehensive trade and industry policy and strategy and to make an effort to fully implement it.

Van Man
 
The prices will collapse with a nominal increase in interest rates. Get your financial calculator.

Clowz

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