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    Bank of Indonesia Predicted New Money Circulation Reaches IDR 1, 31 Trillion


    BANDUNG- Representative Office of Band of Indonesia in West Java Province predicted that New Money circulation of TE 2016 will reach to IDR 1.31 Trillion until March. It will reach IDR 37, 2 billion in Cirebon and 34,58 billion in Tasikmalaya.

    The chairman of West Java BI group, Ismet Inono, said that aside from exchanging the money in the Bank, they also opened retails for people to exchange their money in Bandung and also wholesale retails to other banks outside the city.

    "It includes retail openings in remote area by dropping to commercial banks and BPR that are in cooperation with Bank of Indonesia in West Java," he informed the journalists in Bandung on Thursday (23/2/2017).

    Ismet explained that BI has already got transport access to both traditional and modern markets including on car free days, by having cooperation with commercial banks.

    "This program will continue until late of March in 2017," he said. (MAT)


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