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[39] [40] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic, its worst economic performance since the 1997 crisis. [41] In 2022, gross domestic product expanded by 5.31%, due to the removal of COVID-19 restrictions as well as record-high exports driven by stronger commodity prices. [42]
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 ...
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[19] [20] In 1854, Secretary of the Treasury James Guthrie proposed creating $100, $50, and $25 gold coins, to be referred to as a union, half union, and quarter union, respectively, [21] thus implying a denomination of 1 Union = $100. However, no such coins were ever struck, and only patterns for the $50 half union exist.
Indonesia, [a] officially the Republic of Indonesia, [b] is a country in Southeast Asia and Oceania, between the Indian and Pacific oceans. Indonesia consists of over 17,000 islands, including Sumatra, Java, Sulawesi, and various parts of Borneo and New Guinea.
The word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि), [2] denoting ten million in the Indian number system, which has separate terms for most powers of ten from 10 0 up to 10 19. The crore is known by various regional names.
The Australian dollar (sign: $; code: AUD; also abbreviated A$ or sometimes AU$ to distinguish it from other dollar-denominated currencies; [2] [3] and also referred to as the dollar or Aussie dollar) is the official currency and legal tender of Australia, including all of its external territories, and three independent sovereign Pacific Island states: Kiribati, Nauru, and Tuvalu.
An unnamed stranger [N 1] arrives at the little town of San Miguel, on the Mexico–United States border.Silvanito, the town's innkeeper, tells the Stranger about a feud between two smuggler families vying to gain control of the town: the Rojo brothers (Don Miguel, Esteban & Ramón), and the family comprising the town sheriff, John Baxter; his matriarchal wife, Consuelo; and their son, Antonio.