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Author Topic: Currency Redenomination Bill.  (Read 39 times)
YOSHIE (OP)
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November 09, 2025, 03:59:20 PM
 #1

Currently Indonesia is implementing a strategic policy plan to suppress inflation, currency crisis, control domestic and global macroeconomics, corruption, for this reason the Minister of Finance took strategic steps to prepare a draft law regarding the change in the redenomination of the Rupiah from 1000 to 1
As explained in the source.
Rp1,000 Becomes Rp1? Indonesia Eyes Rupiah Redenomination Bill by 2027
Quote
Redenomination would remove several zeros from rupiah denominations without altering purchasing power. For example, Rp 1,000 would become Rp1, but the value of goods and services remains unchanged.

From existing data, in 2027 Indonesia will no longer have 1000 currency but will have 1 and so on.

I think that the rupiah currency redenomination law will be completed in 2027.
• Are there any changes to crypto exchanges, crypto casinos or are there any changes in terms of exchange amounts.
• Does everything related to crypto assets have to change the 1000 to 1 option.

Because so far crypto exchanges exchange currency values ​​in the amount of 1000 not 1 in 2027 I think everything will change, starting from exchanges, crypto casinos, fiat and so on.
I am sure that the government's steps to stabilize the country's economy, I think the redenomination step is the right and best step, I am sure that with the policy of the new Minister of Finance, Indonesia will progress to a better economic sector.

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Joy_learns_crypto
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November 09, 2025, 04:30:16 PM
 #2

Indonesia wants to join Iran in removing zeros from their currencies
https://bitcointalk.org/index.php?topic=5563932.msg65985027#msg65985027

Currency Redenomination is now the way countries are going to control inflation, currency devaluations, economic depression.
Ghana was facing mission impossible to save their currency back then and they showed up using this method and cut some zeros from their currency and comparing what they are now to then it helped them.

But it is not a permanent solution.

Quote
Are there any changes to crypto exchanges, crypto casinos or are there any changes in terms of exchange amounts.
Not right away but there have to just change to fit the new system of the country.  Changes like this are difficult, I remember when my country had an inadvertent change of currency note. People of Indonesia will scramble a bit to adjust.

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Findingnemo
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November 09, 2025, 08:45:54 PM
 #3

I am curious to learn how this is going to solve the crisis of their national fiat because they are not changing anything, but only removing the zeros. It could bring opposite results if people are repulsive about this move and a lot of expense will be needed to print new paper money and the system in everything needs to be changed from your bank to a local grocery store.

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