What is Rupiah Redenomination that Changes IDR 1,000 to IDR 1?

Jakarta, hitclubapk3 Indonesia

Discourse
Rupiah redenomination
resumed after the publication of PMK Number 70 of 2025 concerning the Ministry of Finance’s Strategic Plan for 2025-2029.
This policy was previously rolled out during the era of the 6th President of the Republic of Indonesia Susilo Bambang Yudhoyono (SBY) and the 7th President of the Republic of Indonesia Joko Widodo (Jokowi).
So, what is rupiah redenomination?

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