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BI says economy still safe from fake banknotes.

Jakarta Post

| May 25, 2000 | COPYRIGHT 1999 PT Bina Media Tenggara. (Hide copyright information)Copyright

JAKARTA (JP): Bank Indonesia deputy director for banknote supervision Kaidi Thohir said on Wednesday that the amount of fake rupiah banknotes in circulation did not pose a threat to the economy.

Kaidi said that the amount of the fake rupiah handed over by the police and the banking community from January to April amounted to Rp 6.43 billion, representing only about 0.0061 percent of the total banknotes in circulation.

"The 0.0061 percent is too small. This (level) is no threat to the economy," he told a news conference.

"But the scale of the news reports is creating a greater problem," he said, pointing out one report which said some people had …

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