Trends in Digital Transactions, Demand for BI Cash Decreases?

Jakarta, Director of the Bank Indonesia Money Management Department, Hari Widodo, it is hoped that the increased flow of money in the regions during the Ramadan and Eid 1444H/2022 periods is expected to be a driving force for the economic activities of the local community.

Bank Indonesia has prepared IDR 195 trillion in cash to meet the demand for card money for the 1444H Idul Fitri period. In addition, BI also continues to encourage the public to increase non-cash transactions that are safer and faster.

What is the flow of funds like during Eid? Then what is the impact of non-cash transactions on the demand for currency? For details, see Anneke Wijaya’s dialogue with the Director of the Indonesian bank’s Money Management Department, Hari Widodo at the Power Lunch,CNBCIndonesia (Monday, 10/04/2023)

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