Indonesia's Ministry of Finance said it is planning to enact a new law to revalue the Indonesian rupiah. The move aims to improve economic efficiency, maintain economic stability, and enhance the currency's credibility. “This currency revaluation bill is a continuing draft bill which is scheduled to be finalized in 2027,” says a Treasury regulation released on Saturday. For many years, the Indonesian government has been discussing plans to remove zero values from currency denominations. The last time the government submitted the relevant draft bill to Parliament was in 2013, when it was proposed to remove the three zeros from the denomination of Indonesian rupiah notes, but the draft was eventually shelved. It's unclear how many zeros the latest currency revaluation plan will remove.

Indonesia's Ministry of Finance said it is planning to enact a new law to revalue the Indonesian rupiah. The move aims to improve economic efficiency, maintain economic stability, and enhance the currency's credibility. “This currency revaluation bill is a continuing draft bill which is scheduled to be finalized in 2027,” says a Treasury regulation released on Saturday. For many years, the Indonesian government has been discussing plans to remove zero values from currency denominations. The last time the government submitted the relevant draft bill to Parliament was in 2013, when it was proposed to remove the three zeros from the denomination of Indonesian rupiah notes, but the draft was eventually shelved. It's unclear how many zeros the latest currency revaluation plan will remove.