By Rob Huisman
In preparation to the surrender of the Japanese army in Asia Pacific, the Netherlands Indies government in exile received permission by Royal decree in 1943 to produce new paper money. This new paper money, NICA – short for “Netherlands Indies Civil Administration” – was printed in the USA and afterwards stored in Australia until it could be brought into circulation after the Second World War to help the Dutch authority to re-establish itself in the Netherlands Indies. The local Indonesians called this money the Red Money (Uang Merah).
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