JAKATA. Bank Indonesia (BI) has warned modern retailers in Bali over the use of candies as small change, saying it was an illegal practice to use other means of exchange aside from rupiah issued by the central bank. BI would soon conduct a survey and tests on the use of candies instead of cash at Bali retailers and groceries, said BI’s Bali chief Dewi Setyowati. She estimated that candy was widely used to replace small change, such as Rp 100, Rp 200 and Rp 500 coins. "We will send them a letter, because the practice is illegal and forbidden. It creates disadvantages for the public, too," she said in Denpasar on Monday, as quoted by the Antara news agency.
BI warns Bali retailers over “candy currency”
JAKATA. Bank Indonesia (BI) has warned modern retailers in Bali over the use of candies as small change, saying it was an illegal practice to use other means of exchange aside from rupiah issued by the central bank. BI would soon conduct a survey and tests on the use of candies instead of cash at Bali retailers and groceries, said BI’s Bali chief Dewi Setyowati. She estimated that candy was widely used to replace small change, such as Rp 100, Rp 200 and Rp 500 coins. "We will send them a letter, because the practice is illegal and forbidden. It creates disadvantages for the public, too," she said in Denpasar on Monday, as quoted by the Antara news agency.