BI North Sumatra Finds 1,818 Counterfeit Banknotes Dominated In Rp100 Thousand Denominations

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MEDAN - The North Sumatra Province Bank Indonesia (BI) Representative Office revealed that 1,818 counterfeit notes were found in the January-June 2021 period.

"The findings of counterfeit money are increasing every month. The public is asked to increase their vigilance because there is an increasing trend of counterfeit money in North Sumatra," said Head of BI Representative for North Sumatra, Soekowardojo in Medan quoted by Antara, Monday, July 27.

In January there were 318 counterfeit notes, entering May it was 324 notes and June 669 notes.

"The majority of counterfeit notes are in the form of IDR 100,000 and IDR 50,000 denominations," he said.

The counterfeit notes in the Rp100,000 denomination reached 1,069 pieces, Rp50,000 in 628 pieces, Rp20,000 (93 notes) Rp10,000 (25 notes), Rp5,000 (2 pieces) and Rp2,000 for one sheet.

Based on observations, there are usually a lot of counterfeit money circulating on religious holidays.

"The question of whether the circulation of counterfeit money has anything to do with the weakening of the community's economy as a result of the COVID-19 pandemic cannot be ascertained," said Soeko.

BI hopes that the public will increase their awareness of the circulation of counterfeit money by implementing 3D, namely seeing, touching and seeing.

BI continued, Soekowardojo continued to educate Cinta Proud to Understand Rupiah to suppress the circulation of counterfeit money.

Love of Rupiah is a manifestation of the community's ability to recognize the characteristics and designs of Rupiah and treat Rupiah appropriately.

Proud of the Rupiah is a manifestation of the people's ability to interpret the Rupiah as a legal tender, a symbol of the sovereignty of the Unitary State of the Republic of Indonesia and a unifying tool for the nation.

The understanding of the rupiah is an embodiment of the community's ability to interpret the role of the rupiah.