Bank Indonesia Launches 7 New Rupiah Banknotes

18 August 2022 13:01 WIB

TEMPO.CO, Jakarta - The government and Bank Indonesia have just launched seven new banknotes on Thursday in celebrating the country’s 77th commemoration of independence on August 17. 

"I, Perry Warjiyo, Governor of Bank Indonesia, together with the Minister of Finance of the Republic of Indonesia Mrs. Sri Mulyani Indrawati, officially launched seven new banknotes for the 2022 issuance of rupiah as legal tender throughout the territory of the Unitary State of the Republic of Indonesia," said Perry at the launch of the 2022 rupiah notes on Thursday, August 18.

The new notes are Rp100,000, Rp50,000, Rp20,000, Rp10,000, Rp5,000, Rp2000, and Rp1000.

The new 2022 banknotes still maintain the main image of national heroes, as well as Indonesian cultural themes such as images of dance, natural scenery, and flora on the back similar to that in the 2016 issuance. There are three notable changes in the new banknotes, namely a sharper color design, a more reliable safety element, and better material resistance.

All rupiah notes or coins that have been previously issued are declared to remain valid as legal tender throughout the Republic of Indonesia as long as they have not been revoked and withdrawn from circulation by Bank Indonesia.

MUHAMMAD HENDARTYO 

Click here to get the latest news updates from Tempo on Google News




Bank Indonesia Sees Surge in QRIS Users; Transactions Hit Rp9.66tn

1 hari lalu

Bank Indonesia Sees Surge in QRIS Users; Transactions Hit Rp9.66tn

The number of users and transaction value of one of Bank Indonesia or BI's non-cash payment systems, QRIS, continues to increase.


Bank Indonesia Predicts 1.10 Percent Inflation for September 2022

4 hari lalu

Bank Indonesia Predicts 1.10 Percent Inflation for September 2022

Bank Indonesia explained that commodities driving inflation includes fuel and public transportation.


Entrepreneurs Lament Weak Economy, High Inflation Amid Aggressive BI Rate Growth

11 hari lalu

Entrepreneurs Lament Weak Economy, High Inflation Amid Aggressive BI Rate Growth

Entrepreneurs estimate that the inflation rate in Indonesia will continue to rise despite Bank Indonesia's aggressive interest rate increase.


Bank Indonesia Foresees 6 Percent Inflation Due to Fuel Price Increase

12 hari lalu

Bank Indonesia Foresees 6 Percent Inflation Due to Fuel Price Increase

The central bank says the fuel prices increase in Indonesia will have a greater effect on the prices of goods, and in turn, cause inflation to hike.


Economist Predicts BI Will Raise Interest Rate by 50bps

12 hari lalu

Economist Predicts BI Will Raise Interest Rate by 50bps

A senior economist at Bank DBS Indonesia predicts that Bank Indonesia will raise its benchmark interest rate by 50 basis points today.


Bank Indonesia: Fuel Price Hike May Lessen Domestic Tourist Visits to Bali

15 hari lalu

Bank Indonesia: Fuel Price Hike May Lessen Domestic Tourist Visits to Bali

The Bank Indonesia Bali Representative Office stated that the province's economy will continue recovering albeit the increase in fuel prices.


Bank Indonesia Forecasts 1.09% Inflation in September 2022

18 hari lalu

Bank Indonesia Forecasts 1.09% Inflation in September 2022

Bank Indonesia (BI) predicted that the inflation in September 2022 will reach 1.09 percent.


Indonesia's Trade Balance on Surplus since May: Central Bank

18 hari lalu

Indonesia's Trade Balance on Surplus since May: Central Bank

Bank Indonesia said that Indonesia's trade balance in August 2022 was a surplus of US$5.76 billion.


Bank Indonesia Redeems Rp20mn of Man's Hajj Savings Eaten by Termites

19 hari lalu

Bank Indonesia Redeems Rp20mn of Man's Hajj Savings Eaten by Termites

The Solo Branch of Bank Indonesia redeems Rp20.22 million of his money after two days of identifying and reconstructing the damaged bills.


Indonesia's Foreign Debt Drops to Rp5,964tn per July

19 hari lalu

Indonesia's Foreign Debt Drops to Rp5,964tn per July

Bank Indonesia or BI recorded the country's foreign debt position at US$400.4 billion, or around Rp5,964 trillion, at the end of July 2022.