Indonesian Government Delays Currency Redenomination Plans

No Immediate Implementation Planned

The Indonesian government has announced that plans to redenominate the Rupiah currency remain under review with no immediate action planned. The proposed redenomination would simplify the currency by potentially converting Rp 1,000 to Rp 1 ¹

Policy Still Under Consideration

Minister Secretary of State Prasetyo Hadi stated that the redenomination policy is not yet mature and requires further comprehensive study. Speaking after a meeting with DPR Commission III, Prasetyo emphasized that all aspects are still being considered ¹

Previous Statements Reinforced

This recent statement reinforces Prasetyo's previous comments made on November 10, 2025, where he indicated that redenomination was still a distant possibility. The government maintains that significant study is required before any such major currency change ²

Implications for Indonesian Economy

The proposed redenomination has been discussed as a potential measure to simplify financial transactions and align with international currency practices. However, the government is taking a cautious approach considering the significant economic implications of such a change.