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The University of Indonesia (Indonesian: Universitas Indonesia, abbreviated as UI) is a public university in Depok, West Java and Salemba, Jakarta, Indonesia.It is one of the oldest tertiary-level educational institutions in Indonesia (known as the Dutch East Indies when UI was established), and is generally considered one of the most prestigious universities in Indonesia, along with the ...
It called for silver coins in denominations of 1, 1 ⁄ 2, 1 ⁄ 4, 1 ⁄ 10, and 1 ⁄ 20 dollar, as well as gold coins in denominations of 1, 1 ⁄ 2 and 1 ⁄ 4 eagle. The value of gold or silver contained in the dollar was then converted into relative value in the economy for the buying and selling of goods.
Prevailing wind patterns interact with local topographic conditions to produce significant variations in rainfall throughout the archipelago. In general, western and northern parts of Indonesia experience the most precipitation, since the north- and westward-moving monsoon clouds are heavy with moisture by the time they reach these more distant regions.
Due to poor bank lending practices, many Indonesian companies borrowed cheaper US dollar loans while their income is mainly in Indonesian rupiah. The weakening rupiah spurred panic buying of US dollar by these companies, causing the Indonesian rupiah to drop in value from a pre-crisis level of Rp. 2,600 to a low point in early 1998 of around Rp ...
In April 2015, China submitted a bid for the Indonesian high-speed rail project, much to Japan's dismay. [32] In July 2015, the Indonesian government released its plan to build the high-speed rail connecting Jakarta and Bandung, and arranged a contest between Japanese and Chinese train-makers as potential bidders. [24]
Article 18 paragraph 1 of the 1945 Constitution states that "the Unitary State of the Republic of Indonesia is divided into provincial regions and those provincial regions are divided into regencies and city, whereby every one of those provinces, regencies, and municipalities has its regional government, which shall be regulated by laws."
The Indonesian rupiah (IDR) has also weakened throughout Jokowi's administration, with its exchange rate per US dollar briefly passing IDR 15,000 in 2018, the lowest level since the 1997 Asian financial crisis, and sank lower to 16,700 in 2020.
Indonesia, [b] officially the Republic of Indonesia, [c] is a country in Southeast Asia and Oceania, between the Indian and Pacific oceans. It consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and parts of Borneo and New Guinea.