Bank Indonesia (BI) is set to issue a Rp 2,000 banknote (about 22 U.S. cents) and Rp 1,000 coin in the second semester of this year.
"BI has decided to issue a new banknote and coin after considering people's needs, as well as costs for making banknotes," BI deputy governor Budi Rochadi said recently.
The Rp 2,000 bill will be the country's smallest-denominated banknote once the Rp 1,000 coin takes the place of the existing Rp 1,000 bill.
The new banknote and coin will be employ braille making them more convenient for blind people.
BI is preparing new designs and security systems to discourage counterfeiters.
The last time BI issued new-look banknotes was in 2005, with its released of new Rp 50,000 and Rp 100,000 bills.
The central bank will issue approximately Rp 5.6 billion worth of banknotes and coins this year.
At present BI coins come in denominations of Rp 100, Rp 200, and Rp 500, while banknotes are denominated either Rp 1,000, Rp 5,000, Rp 10,000, Rp 20,000, Rp 50,000 or Rp 100,000.
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