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The rupiah fell from Rp4,085 to Rp5,650 per dollar in the space of a single week. By the middle of the month, 154 banks, comprising half of the banking system, had suffered bank runs. By Christmas Eve, the rupiah stood at 5,915 per dollar, a fall of 60% since July. The New Year had the rupiah begin at Rp5,447 per dollar.
Indonesia's foreign direct investment surged 44.2% on a yearly basis in 2022, with the base metals sector drawing in the biggest inflows. Indonesia's received 654.4 trillion rupiah worth of FDI last year, or equivalent to $45.6 billion in the investment ministry's official calculation, which assumes an exchange rate of 14,350 to the dollar.
The Asian financial crisis of 1997–1998 reduced the rupiah's value by over 80% in a few months and was a major factor in the overthrow of President Suharto's government. The rupiah had traded at about 2000–3000 rupiah per 1 USD, but reached a low of 16,800 rupiah per dollar in June 1998. The currency, which had been relatively stable in ...
In terms of the early-November timetable, it is likely that McCaffrey will be out for a few additional games past the four-game IR stint. The 49ers have a bye in the first week of November, but ...
More than a dozen members of a Turkish national youth organization were taken into custody in Turkey after local authorities say they assaulted two US Marines.
Florida State’s 2024 season is an abject disaster. The No. 10 Seminoles are now 0-2 after a 28-13 home loss to Boston College on Monday night. The Eagles ran over and through the Florida State ...
The final mintages of these coins were: 136 million (1 rupiah), 139 million (2 rupiah), 448 million (5 rupiah), 286 million (10 rupiah), 1.22 billion (25 rupiah) and 1 billion (50 rupiah). The 10 rupiah coin was issued as part of the UN Food and Agriculture Organization coins and medals program, an international issue by ultimately 114 ...
The Miami Marlins have parted ways with Skip Schumaker, ending the 2023 NL Manager of the Year's two-season stint with the team. The Marlins went 146-178 under Schumaker, who was hired in 2022 as ...