2016, Fewer Counterfeit Money Findings

Monetary

Premium

20/12/2016 14:08 WIB

URL has been copied

Memuat...

Counterfeit Money Findings 2012-August 2016

A Small Font
A Medium Font
A Bigger Font

You are accessing content Single Data Premium.
To continue, please subscribe or buy individually.

Professional

Enjoy premium access with a more affordable price.

Start from

~~Rp300.000~~ 150.000/month

Access more premium content and exclusive features for customers.

Start from

50.000/month

Hanya Rp833 per artikel

More details »

Buy Retail

Read the article immediately “2016, Fewer Counterfeit Money Findings”.

Rp10.000

We accept the following payments:

Some payment methods are still in the process of being activated.

Counterfeit Money Findings 2012-August 2016

Download

Source

A Small Font
A Medium Font
A Bigger Font

Bank Indonesia (BI) found 158,426 counterfeit rupiah notes per million banknotes in circulation (UYD) between January and August 2016. This represents a 35.6 percent decrease compared to the same period in 2015, when 245,983 counterfeit notes were found. Similarly, compared to the January-December 2015 period, the number of counterfeit notes found in 2016 decreased by 50.44 percent.

To reduce the circulation of counterfeit money, BI issued 11 new banknotes in 2016 with multiple layers of security features, making them significantly harder to counterfeit. These new rupiah banknotes feature nine to twelve security features, placing them among the best-protected banknotes globally.

Low levels of education and a lack of public awareness regarding genuine banknotes contribute to the continued prevalence of counterfeit money in Indonesia. The deliberate circulation of counterfeit banknotes by irresponsible parties and the process of counterfeiting itself persist in several regions.

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."