Bank Indonesia (BI) has prepared Rp 167 trillion in cash to anticipate the 2017 Eid al-Fitr holiday, an increase from Rp 146 trillion the previous year. BI also predicts that the money circulating in the community during this year's Eid al-Fitr celebrations will reach Rp 691 trillion. This figure has the potential to be the highest compared to previous years. Bank Indonesia (BI) data recorded that money in circulation in April 2017 amounted to Rp 479 trillion, a 2.17 percent increase from the previous month's Rp 468.85 trillion.
The increase in money circulating during Eid al-Fitr 2015 occurred in July, rising 5.31 percent to Rp 431.46 trillion from Rp 409.7 trillion the previous month. Meanwhile, during Eid al-Fitr 2016, which occurred in June, it increased by 16 percent to Rp 511.29 trillion from Rp 440 trillion the previous month. The increase in money circulating during Eid al-Fitr 2017 is expected to occur in June.
"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."