2015 IMF MEETINGS: WILL BE IN BULGARIA..NOT IN WASHINGTON D.C. HMMMMMMM!!
Posted by Sqwatchy on April 16, 2014 at 8:49pm
THIS IS A FIRST. WHAT ARE THEY IMPLYING WITH THIS ANNOUNCEMENT? Especially, in the heart of the "HOT ZONE"
"things that make you go hmmmm"
Indonesian Rupiah Redomination Won’t Be Implemented In The Near Future
Posted by Vision on April 16, 2014 at 9:27pm
The Government’s plan of simplifying its currency value or the rupiah redenomination will not be implemented in the near future.
The fluctuating exchange rate and other factors become the reason for the government and Bank Indonesia postpone the plan.
Minister of Finance, M. Chatib Basri, stated that the government will not impose the redenomination discourse. Although the Minister admits, Draft on Redenomination Law (RUU) has been already submitted to the House of Representatives (DPR).
The Minister considers, there are many risks if the redenomination is continued today, one of which is inflation. If it fails, the redenomination plan will have an impact on high inflation.
LINK - http://www.thepresidentpost.com/2014/04/15/rupiah-redomination-wont-be-implemented-in-the-near-future/