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Joko Widodo ( Indonesian: [dʒɔkɔ widɔdɔ]; born Mulyono; 21 June 1961), popularly known as Jokowi, is an Indonesian politician and businessman who is the seventh president of Indonesia. Previously a member of the Indonesian Democratic Party of Struggle (PDI-P), he was the country's first president to not emerge from the country's political ...
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 ...
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.
17 August 2025. ( 2025-08-17) Frequency. Annual. The Independence Day of Indonesia (in Indonesian formally known as Hari Ulang Tahun Kemerdekaan Republik Indonesia shortened "HUT RI", or simply Hari Kemerdekaan, and colloquially referred by the people as Tujuhbelasan, meaning "the Seventeenth") is a national holiday in Indonesia commemorating ...
Coins of the Indonesian rupiah. 100-, 200-, 500-, and 1000-rupiah coins from 1999, 2003, and 2010 series. The first coins of the Indonesian rupiah were issued in 1951 and 1952, a year or so later than the first Indonesian rupiah banknotes printed, following the peace treaty with the Netherlands in November 1949.
Sri Mulyani. Sri Mulyani Indrawati (born 26 August 1962) is an Indonesian economist who has been Minister of Finance of Indonesia since 2016; previously she served in the same post from 2005 to 2010. In June 2010 she was appointed as managing director of the World Bank Group and resigned as Minister of Finance.
The economy suffered a flight of foreign capital leading to the Indonesian rupiah falling from Rp 2,600 per dollar in August 1997 to over Rp 14,800 per dollar by January 1998. Indonesian companies with US dollar-denominated borrowings struggled to service these debts with their rupiah earnings, and many went bankrupt.