Indonesia’s central bank is looking to revive a previously shelved plan to slash three zeroes off the face value of its rupiah notes. Bank Indonesia Governor Agus Martowardojo told President Joko Widodo the proposal would make the currency “more efficient and simpler.” The largest rupiah denomination is currently 100,000 and the smallest note is 1,000.
Indonesia’s central bank is looking to slash three zeroes off the face value of its rupiah notes
