Indonesian Political, Business & Finance News

Bank Indonesia destroys counterfeit Rupiah banknotes in Palu

| Source: ANTARA_ID Translated from Indonesian | Banking

Head of Bank Indonesia’s Central Sulawesi Representative, Irfan Sukarna (second from left), together with regional officials, destroyed counterfeit Rupiah banknotes by feeding them into a shredding machine in Palu, Central Sulawesi, on Thursday 5 March 2026. Bank Indonesia’s Central Sulawesi office said around 5,000 counterfeit notes in physical form dating from 2014 to 2025 were destroyed, including notes received by BI itself and those reported in police seizures. The shredded remnants were placed into plastic bags for disposal. The event underscores BI’s ongoing efforts to curb the circulation of counterfeit currency.

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