X

Short Take: Indonesia to release bank notes in anticipation of Y2K

Indonesia plans to issue 100,000-rupiah notes in anticipation of increased demand for cash as the year 2000 looms, according to bank officials. The Associated Press reports that demand for cash could increase on fears of shortages or computer failures resulting from Y2K problems. At the current exchange rate, the new notes would be worth $15.

Indonesia plans to issue 100,000-rupiah notes in anticipation of increased demand for cash as the year 2000 looms, according to bank officials. The Associated Press reports that demand for cash could increase on fears of shortages or computer failures resulting from Y2K problems. At the current exchange rate, the new notes would be worth $15.