Connect with us

Hi, what are you looking for?

Asia Comic ConAsia Comic Con

Business

5 Meanings of New Money Launch

Agus Martowardojo explained that the issuance of 11 new rupiah notes of the Unitary State of the Republic of Indonesia (NKRI) with 12 images of national heroes contained five meanings.

Agus explained that the first meaning is the fulfillment of the requirements in the physical money of the Republic of Indonesia in accordance with the Currency Law Number 7 of 2011, one of which is that there is the phrase NKRI.

“The inclusion of the phrase NKRI has a philosophical meaning as a symbol of Indonesian sovereignty,” Agus said on Monday (19/12/2016), as reported by Antara. The launch and circulation of 11 new Indonesian banknotes on Monday also coincided with National Defense Day.

The second meaning, said Agus, is the use of Indonesian rupiah currency as the only payment instrument currency in Indonesian territory.

“The use of foreign currency is not in line with the spirit of nationalism. The violation is punishable and sanctionable, except for transactions permitted by law,” he said.

The third meaning is the responsibility of Bank Indonesia as the authority that issues and circulates rupiah currency, so that rupiah currency is always available and sufficient for the needs of Indonesian public transactions.

Fourth, rupiah money must be maintained and cared for by the Indonesian people properly, because rupiah money is a symbol of state sovereignty.

“People need to leave bad habits such as wetting, doodling, stepping, and folding,” Agus said.

While the fifth meaning is the presence of images of heroes, which are accompanied by cultural characteristics of various regions in Indonesia.

“On the rupiah bills there are images such as regional dances, natural beauty, images of heroes. The image of the hero is a form of tribute to the nation’s kusuma hero,” he said.

You May Also Like

Business

Yelp is now detailing their removal of spammy lead generators and how they are targeting fake review groups as well as the businesses incentivizing...

Business

China’s gaming regulator, the National Press and Publication Administration’s (NPPA), has officially removed their website rules that were proposed just last month and were...

Entertainment

Netflix’s brand new K-drama ‘Miss Night and Day’ got off to a strong start in regards to viewership and made a strong impression as...

K-Pop

Former ADOR CEO Min Hee-jin has officially rejected an offer to continue as the producer of the popular K-pop group NewJeans just days following...