Circulating Currency Reaches Rp 682 Trillion

The amount of currency in circulation in July 2018 decreased by 6.3% to Rp 682.2 trillion from the previous month, but grew by 10.47% compared to the same month of the previous year. Of this amount, Rp 583.1 trillion was in circulation among the public, while the remaining Rp 99.1 trillion was held by banks.

Based on its form, currency in circulation consisted of Rp 673.2 trillion in banknotes and Rp 8.96 trillion in coins. Based on denomination, the largest amount in circulation was in Rp 100,000 notes, reaching Rp 432.95 trillion, followed by Rp 50,000 notes with a value of Rp 178.17 trillion. Meanwhile, coins with denominations below Rp 100 were the smallest, reaching only Rp 711 billion.

For information, the first Indonesian Republic Currency (ORI) was issued on October 30, 1946, with a denomination of 1 sen. Finance Minister Sri Mulyani Indrawati led the ceremony commemorating the 72nd Currency Day. However, this year's ceremony was overshadowed by the sadness of the loss of 21 Ministry of Finance employees who were victims of the Lion Air JT 610 crash in the waters off Karawang, West Java.