In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

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31/05/2018 07:27 WIB

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Bank Indonesia prepared Rp 188.2 trillion in cash for the 2018 Eid al-Fitr holiday period.

Bank Indonesia's Cash Supply in Anticipation of Eid al-Fitr (2012-2018)

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In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

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Bank Indonesia's Cash Supply in Anticipation of Eid al-Fitr (2012-2018)

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Bank Indonesia (BI) prepared Rp 188.2 trillion in cash for the 2018 Eid al-Fitr holiday period. This amount represents a 15.3% increase compared to the Rp 163.2 trillion needed for Eid al-Fitr in 2017.

The increase in consumer spending during Ramadan, the 2018 Eid al-Fitr celebrations, employee salary payments, and the disbursement of holiday allowances (THR) for civil servants and pensioners drove the increased demand for cash. To meet the need for exchanging small denominations, BI, together with 15 banks, prepared one thousand cash exchange points throughout Indonesia for Eid al-Fitr 2018.

For information, broad money supply (M2) in March increased by 0.81% to Rp 5,394.9 trillion, and similarly, narrow money supply (M1) increased by 0.73% to Rp 1,361 trillion. Meanwhile, currency outside banks and Rural Banks (BPR) increased by 3.38% to Rp 549 trillion. The currency outside banks and BPR during the 2017 Eid al-Fitr period increased by 15.8% to Rp 561.8 trillion.

"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."

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In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

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Related Data

Indonesia's September 2025 Interest Rate Remains Relatively High in SEA

How Much Does the Indonesian Government Deposit in the Central Bank?

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Number of Bus Terminals, Type C, in Yogyakarta, 2009-2013

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In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

In anticipation of the 2018 Eid al-Fitr holiday, Bank Indonesia prepares Rp 188 trillion in cash.

Tags

Related Data

Indonesia's September 2025 Interest Rate Remains Relatively High in SEA

How Much Does the Indonesian Government Deposit in the Central Bank?

Number of Interprovincial Buses in Yogyakarta Special Region, 2009-2013

Number of Bus Terminals, Type Bdi in Yogyakarta 2009 - 2013

Number of Bus Terminals, Type C, in Yogyakarta, 2009-2013

Average Brick Prices in Palembang, South Sumatra, 2014-2015

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