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BI prepares IDR 175.26 trillion in cash ahead of Eid

05 April 2022 11:31

JAKARTA - To meet the needs of the community to welcome the holy month of Ramadan and Eid al-Fitr 1443 H, Bank Indonesia (BI) provided cash amounting to Rp175.26 trillion, up 13.42% from the previous year.

BI's move was also carried out in line with the continued momentum of economic growth and to anticipate an increase in public transactions in line with the pandemic that is starting to get under control. The easing of the Implementation of Community Activity Restrictions (PPKM) and increasing community activities during Ramadan and Eid are expected to increase economic activity and payments, thus requiring an increase in cash and non-cash payment system services.

In addition to preparing cash, BI also continues to encourage the public to take advantage of non-cash payments, said Deputy Governor of BI, Aida S. Budiman at the Serambi Rupiah Ramadhan 2022 event held online and offline at Bank Indonesia (4/4).

For people who wish to exchange cash ahead of Eid al-Fitr, BI has prepared 2 (two) forms of services, namely:

Money exchange in banks, starting April 4-29 2022. BI in synergy with national banks has prepared 5,013 exchange points at banks throughout Indonesia, an increase of 8% from last year.

Currency exchange in BI Mobile Cash Car, starting April 4, 2022. (LM)

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