The withdrawal of Indonesian rupiahs from Timor Lorosae was a good step because it would prevent confusion in currency usage in the country. But UNTAET and the government of Indonesia must immediately convert rupiahs circulating in the country to US dollars.

This was stated yesterday by Avelino Coelho, the National Council member from the Timor Socialiast Party (PST). According to Avelino, the Transitional Administration must explain to the people the withdrawal of rupiahs from circulation.

He also added that banks in the country must be able to convert the rupiahs into US dollars. "If banks in Dili do the conversion, people will be making their way there to sell their rupiahs," he said.