IDN CB Rupiah Exchange Activities

Published on: Mar 5, 2025

On Mar. 3, IDN CB initiated Rupiah exchange activities until Mar. 27.

  • IDN CB launched Rupiah exchange activities for the Ramadan and Eid al-Fitr period, as part of Semarak Rupiah Ramadan and Eid al-Fitr Blessings (SERAMBI) 2025 activity.
  • Outline of Activities
  • IDN CB prepared IDR 180.9trn in circulation currency to meet public needs during the Ramadan and Eid al-Fitr periods; the public can conduct digital payment transactions via mobile and internet banking or QR code-based payments (QRIS).
  • Plus, IDN CB optimized the use of the Rupiah exchange and withdrawal (PINTAR) application, to increase service certainty and reduce queues at exchange locations.
  • Effectiveness
  • The Rupiah exchange activities will last until Mar. 27, 2025.
Regulators
IDN CB
Entity Types
Bank; CNSM
Reference
PR 3/3/2025
Functions
Financial; Operations; Treasury
Countries
Indonesia
Category
State
N/A
Products
Banking; Deposits; Payments
Rule Type
Final
Regions
AP
Rule Date
Mar 3, 2025
Effective Date
Mar 27, 2025
Rule ID
245513
Linked to
N/A
Reg. Last Update
Mar 3, 2025
Report Section
International