Search results
Results from the WOW.Com Content Network
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, [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.
[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]
[19] During his five-year rule from 1540 to 1545, Sultan Sher Shah Suri issued a coin of silver, weighing 178 grains (or 11.53 grams), which was also termed the rupiya. [20] [21] During Babur's time, the brass to silver exchange ratio was roughly 50:2. [22] The silver coin remained in use during the Mughal period, Maratha era as well as in ...
[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.
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.
JPMorgan Chase & Co. (stylized as JPMorganChase) is an American multinational financial services firm headquartered in New York City and incorporated in Delaware.It is the largest bank in the United States and the world's largest bank by market capitalization as of 2023.
New York City has more than double the population of Los Angeles, the nation's second-most populous city. [19] With more than 20.1 million people in its metropolitan statistical area [ 20 ] and 23.5 million in its combined statistical area as of 2020, New York City is one of the world's most populous megacities . [ 21 ]