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Sat. AM TNT News Articles/Thoughts 6-24-23

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TNT Harambe: Bank Indonesia Explains Why Rupiah Redenomination Yet to Be Realized – News En.tempo.co (6/23/23) TEMPO.CO, Jakarta – Bank Indonesia stated that rupiah redenomination or simplifying the number of digits in the rupiah, such as from Rp1,000 to Rp1, has been prepared for a long time. The country’s central bank Governor Perry Warjiyo claimed that Bank Indonesia is ready to carry out the plan. Perry explained that he had paid attention to the design, stages, and steps toward this transition. “But of course, this decision requires the right timing,” Perry said in a virtual press conference on Thursday, June 22, 2023. Perry…

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