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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 ...
Total investment, including from domestic sources, reached 1,207.2 trillion rupiah ($81.02 billion), roughly in line with the government's target. FDI in the final quarter of last year was up 43.3% on an annual basis, amounting to 175.2 trillion rupiah in rupiah terms, or $12.2 billion in the official U.S. dollar equivalent. [153]
[99] View of Lake Toba in North Sumatra, Indonesia which is the largest volcanic lake in the world. A massive supervolcano erupted at present-day Lake Toba around 70,000 BCE. It is believed to have caused a global volcanic winter and cooling of the climate and subsequently led to a genetic bottleneck in human evolution, though this is still in ...
The dollar is the most widely used currency in international transactions, [4] and a free-floating currency. It is also the official currency in several countries and the de facto currency in many others, [ 5 ] [ 6 ] with Federal Reserve Notes (and, in a few cases, U.S. coins) used in circulation.
In May 2013, Google announced the overall merge of storage across Gmail, Google Drive and Google+ Photos, giving users 15 GB of unified free storage between the services. [56] In March 2014, the storage plans were revised again and prices were reduced by 80% to $1.99/month for 100 GB, $9.99/month for 1 TB, and $99.99/month for 10 TB. [57]
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.
The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions ...
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