India is a country with significant regional variations. Hence regional inputs are valuable for policy making. With its reorganised structure and envisaged wider presence of regional offices in major centres, the Department may put a similar system of gathering relevant statistics and market intelligence, particularly in the area of prices and agricultural conditions to aid policy formulation at the national level.
Therefore, using the rupiah for all transactions settled in the territory of the Republic of Indonesia is the duty of all citizens. That is the only way the rupiah will become the “host” of its own nation. 9. And third is the Economic/Business Dimension. Hitherto, foreign currency transactions in Indonesia have, amongst others, triggered greater domestic demand for foreign currencies.