No shortage of Rp 1,000 banknotes: BI<\/p>\n
JAKARTA (JP): The central bank has doubled the December stock
\nof Rp 1,000 banknotes, including the newly issued series, in
\nanticipation of increased demand ahead of the holidays, a Bank
\nIndonesia official said on Thursday.<\/p>\n
Halim Alamsyah, the head of the office of the governor of Bank
\nIndonesia, said in a statement made available to The Jakarta Post
\nthe bank's reserves would be adequate to meet the public demand
\nthrough January 2001.<\/p>\n
\"The Rp 1,000 banknotes include the new series, which bears
\nthe portrait of national hero Captain Pattimura and was issued on
\nNov. 29, the 1992-serial Rp 1,000 banknotes and the Rp 1,000
\ncoins issued in 1993,\" he said.<\/p>\n
In most Indonesian villages and cities, including Jakarta,
\nmany Muslim families prepare coins and small banknotes for Idul
\nFitri. The money is given to any children who visit their homes.<\/p>\n
In the past few days, several banks and money traders in the
\ncapital have reported shortages of Rp 1,000 banknotes,
\nparticularly the new Pattimura series.<\/p>\n
According to the customer service officers of several banks,
\nBank Indonesia has only provided a limited amount of Rp 1,000
\nbanknotes.<\/p>\n
\"We can only give five Rp 1,000 bills to each customer. We
\ncannot provide more than that because we do not have an adequate
\nstock,\" Irma, a customer service officer at a Lippo Bank branch
\nin Central Jakarta, said on Wednesday.<\/p>\n
She said the shortage first appeared last week and banks had
\nyet to receive a reliable explanation as to the cause of the
\nshortage or when it would be addressed.<\/p>\n
\"We cannot tell when the central bank can provide us a
\nsufficient amount of the banknotes, especially ahead of Idul
\nFitri,\" she said.<\/p>\n
A customer service officer at a Bank Central Asia branch in
\nCentral Jakarta voiced the same sentiments.<\/p>\n
\"I'm so sorry, we do not have an adequate stock of either the
\nnew or old series of Rp 1,000 banknotes.\"<\/p>\n
Halim firmly denied on Wednesday rumors the new Rp 1,000
\nbanknotes had been withdrawn from the market at the order of Bank
\nIndonesia Governor Sjahril Sabirin, who was recently released
\nfrom the detention center at the Attorney General's Office.<\/p>\n
\"No, it's not true. The new money was meant to anticipate the
\nhuge demand at the end of the year,\" he told the Post.<\/p>\n
\"There are also no lines of people at the central bank
\nwaiting to get the new Rp 1,000 banknotes, since we do not serve
\nindividuals, only banks,\" he said.<\/p>\n
In the statement on Thursday, Halim said individuals who
\nwished to get Rp 1,000 banknotes directly from the central bank
\ncould visit its branch office in Kota, West Jakarta, every
\nMonday, Wednesday and Thursday from 7:30 a.m. to noon.<\/p>\n
But in order to properly manage the stock and make suitable
\narrangements, \"the people should first register their names and
\nget a number the day before at the bank from 3 p.m. onward,\" he
\nsaid. (bsr\/rei\/dja)<\/p>",
"url": "https:\/\/jawawa.id\/newsitem\/no-shortage-of-rp-1000-banknotes-bi-1447893297",
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"sponsor": "Okusi Associates",
"sponsor_url": "https:\/\/okusiassociates.com"
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