Indonesia new notes from new issuer reportedly set for 17.08.2014 introduction

According to an article on dated 19 June 2014, Indonesia plans to issue new banknotes on 17 August 2014, Independence Day. The new banknotes will have "Negara Kesatuan Republik Indonesia" (Republic of Indonesia) written on them, replacing the name of the current issuer, Bank Indonesia. The new banknotes will still have the same denominations as the current notes, will still have pictures of national figures, and are claimed to be harder to counterfeit.

Indonesia has been tinkering with the idea of changing its notes and revaluing its currency for years, with various plans in the past having failed to come to fruition. As such, it's probably wise not to put too much faith in this latest report.

Courtesy of Claudio Marana.