DEVALUATION OF THE INDONESIAN GUILDER

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP82-00457R002200360002-0
• Release Decision: RIPPUB
• Original Classification: S
• Document Page Count: 1
• Document Creation Date: November 9, 2016
• Document Release Date: February 2, 1999
• Sequence Number: 2
• Publication Date: December 30, 1948
• Content Type: IR

Approved For Release 1999/09/08 : CIA-RDP82-00457R0022003600Q ,A
CLASSIFICATION . hY
CENTRAL INTELLIGENCE AGENCY REPORT
INFORMATION REPORT CD NO.
COUNTRY Indonesia
SUBJECT Devaluation of the Indonesian guilder
PLACE 25X1A6a
ACQUIRED
DATE OF IN
25X1X6
DATE DISTR. 31 December 1948
NO. OF PAGES 1
NO. OF ENCLS.
GUSTED BELOW)
SUPPLEMENT TO
REPORT NO.
1. The Netherlands Government is expected to devaluate the Indonesian guilder
by 50 percent, as a means of strengthening the Dutch-sponsored Indonesian
government in the world financial market. The Dutch are expected to take
this action around the New Year, to give the impression that economic
stability has been achieved as a result of their current military action.
It is possible, however, that the devaluation may not occur until March.
2. On the strength of the impression of economic stability which they hope to
create, the Dutch, are expected to apply for the restoration of EGA funds
for Indonesia.
3. Business may expect trouble from various Indonesian leaders in the negaras,
who for the next year or so will try to enrich their states at the expense
of legitimate business, through graft, the levying of taxes, and other methods.
Document No.
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