Zero Options
Wednesday, August 11, 2010
Bank Indonesia is proposing the redenomination of the rupiah. There is nothing to panic over. In fact, such a move is expected to make it more valuable. A political decision on the matter is still awaited. What are the risks involved?
arsip tempo : 173227266976.
ON Monday last week, Bank Indonesia was overwhelmed. Members of the board of governors and central bank officials were being flooded with questions by phone and text messages from bankers, investors and the public. They were uneasy about the bank's plan to carry out a redenomination of the nominal rupiah. Reportedly, the bank was going to cut the value of the rupiah as a currency reform measure. "Even my friends back home were asking about it," Muli
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