Wednesday, April 9, 2014

Simplification of Rp 1,000 to Rp 1 Wait Rupiah Stable

Simplification plan or currency redenomination dollars without reducing the value is unlikely to be realized in 2014 . This is because the conditions of the exchange rate ( NTR ) is still very vulnerable to the fluctuations and volatility .

This was disclosed by Minister of Finance ( Finance Minister ) Chatib Basri when found when doing the voting at polling station 11 , Menteng , Central Jakarta , Wednesday ( 09/04/2014 ) .

Chatib said, the Draft Law ( RUU ) redenomination indeed been submitted to the House of Representatives (DPR ) . Parliament also has been doing a bit of discussion in a Special pantia (Committee) .

" Redenomination is already entered , but I see in the current situation , the exchange rate is still volatile , difficult , " said Chatib .

Redenomination process is very long and not easy . Especially in terms of socialization . There are some negative effects when stages redenomination not go according to plan . One is the surge in inflation .

" There is a risk of inflation , " he said .

To that end , redenomination should also be kept in its implementation . According to terms of the economy , there must be stability as a whole . One is about the exchange rate .

Moreover, the time for discussion of the government and the parliament are not many. Taking into already ongoing legislative elections (pileg) and continues to presidential elections (presidential election) next June.

"If the situation might have been better done," he added.

Earlier, the Governor of Bank Indonesia (BI) rate it Agus Martowardojo matching. According to him, the process takes long enough, and it can not be done in the near future because it is still waiting for a stable economic conditions and controlled. (see also: pakan burung)

"Redenomination is different sanering. Must be careful because redenomination can be read wrong, we have to go first to lingkuang with stable economic conditions," added the former Finance Minister and Managing Director of Bank Mandiri.


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