REDENOMINASI RUPIAH DAN TANTANGAN STABILITAS NASIONAL DALAM EKONOMI PANCASILA

Abstract

Rupiah redenomination is a strategic monetary policy aimed at simplifying the nominal value of currency without altering its real purchasing power. This policy is designed as part of the modernization of the payment system and the enhancement of economic transaction efficiency in Indonesia. However, the implementation of redenomination involves not only technical monetary aspects but also macroeconomic stability, public perception, and the philosophical values underlying public policy. This study aims to analyze the concept and mechanism of Rupiah redenomination, identify potential challenges to macroeconomic stability, and examine the relevance of Pancasila values as an ethical foundation for the formulation and implementation of the policy. This research employs a qualitative approach with a descriptive-analytical method based on a literature review of publications from Bank Indonesia, statutory regulations, and relevant national and international scholarly works. The findings indicate that redenomination has the potential to improve economic efficiency and enhance the national currency’s credibility, provided it is supported by macroeconomic stability, adequate institutional readiness, and effective public communication strategies. Furthermore, Pancasila values play a crucial role in ensuring that the redenomination policy is implemented in a fair, transparent, participatory, and welfare-oriented manner.