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The rupiah ( symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam ( रूप्यकम् ). [ 4] Sometimes, Indonesians also informally use the word perak ("silver" in Indonesian) in referring to rupiah in coins.
The first 'Indonesian rupiah' bank notes bore the date of the proclamation on new Indonesian money, 17 October 1945, under the authority of the "Republik Indonesia", and were apparently intended for issue on 1 February 1946, but due to the capture of most of the notes, only a tiny number escaped at this time.
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 ...
Indonesia nominal GDP reached 20.892 quadrillion rupiah ($1.371 trillion) in 2023, it is the 16th largest economy in the world by nominal GDP and the 7th largest in terms of GDP (PPP). Indonesia's internet economy reached US$77 billion in 2022, and is expected to cross the US$130 billion mark by 2025. [ 37]
A worker at a federal prison in California has died and investigators are examining whether he was exposed to fentanyl shortly before his death, three people familiar with the matter told The ...
Job openings unexpectedly picked up in May as investors had been watching for further signs of cooling in the labor market after last month's data showed open jobs in the US fell to a three-year ...
Jakarta[ c] ( / dʒəˈkɑːrtə /; Indonesian pronunciation: [dʒaˈkarta] ⓘ, Betawi: Jakartè ), officially the Special Capital Region of Jakarta[ 12] ( Indonesian: Daerah Khusus Ibukota Jakarta, abbreviated to DKI Jakarta) and formerly known as Batavia until 1949, is the capital and largest city of Indonesia.
TFW That Feeling When. This is why the touchstone experience of millennials, the thing that truly defines us, is not helicopter parenting or unpaid internships or Pokémon Go. It is uncertainty. “Some days I breathe and it feels like something is about to burst out of my chest,” says Jimmi Matsinger.