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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 Youth Pledge, a pledge made by Indonesian youth on October 28, 1928, defining the identity of the Indonesian nation.On the last pledge, there was an affirmation of Indonesian language as a unifying language throughout the archipelago.