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Indonesian migrant workers (Indonesian: Pekerja Migran Indonesia, PMI, formerly known as Tenaga Kerja Indonesia, TKI) are Indonesian citizens who work in countries outside of Indonesia. Indonesia's population is the world's fourth-largest, and due to a shortage of domestic jobs, many Indonesians seek employment overseas.
Indonesia had taken similar actions in the years leading up to the crisis, in December 1995 from 2 to 3%, in response to the Mexican financial crisis, and in June and September 1996, from 3 to 5% and then 5 to 8%. These actions had been successful in the past in defending the rupiah, but on this occasion, a more serious crisis of confidence arose.
By 1968 the Suharto New Order had been established, and Bank Indonesia, as of 1968 was given sole right to issue banknotes (including notes below 5 rupiah) as well as coins (which had previously been the issue of the central government), which it did in a range from 1 to 1000 rupiah. [10] In 1970, Indonesia added 5000 and 10,000 rupiah ...
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Because there were existing Rp0.10 and Rp0.25 notes (which remained as legal tender and continued to be printed), a gap existed between the Rp0.25 Indonesia and 5 gulden De Javasche Bank notes. This was filled with Rp 1 ⁄ 2, Rp1, and Rp 2 + 1 ⁄ 2 notes, all dated 1948. [9]
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
Bank DBS Indonesia: 30 June 1989 [5] DBS Bank: Bank Ganesha: 15 May 1990 [5] PT Equity Development Investment Bank Hana Indonesia: 27 April 1971 Hana Financial Group: Bank HSBC Indonesia: 15 May 1989 HSBC: Bank IBK Indonesia: 13 November 1973 Industrial Bank of Korea: Bank ICBC Indonesia: 15 May 1970 ICBC: Bank Ina Perdana: 9 February 1990 ...
The Indonesian five hundred rupiah coin (Rp500) is a denomination of the Indonesian rupiah. It was introduced in 1991 and has since been revised three times in 1997, 2003, and 2016. It currently has the second-highest value of all circulating rupiah coins after the Rp1,000 coin. As of December 2023, only alumunium 500 rupiah coins, dated 2003 ...