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The rupiah (symbol: Rp; currency code: IDR) is the official currency of Indonesia, issued and controlled by Bank Indonesia. Its name is derived from the Sanskrit word for silver, rupyakam (रूप्यकम्). [4] Sometimes, Indonesians also informally use the word perak (' silver ' in Indonesian) in referring to rupiah in coins.
Notes featuring the new name of the nationalised De Javasche Bank, Bank Indonesia, were prepared dated 1952, in denominations of Rp5, Rp10, Rp25, Rp50, Rp100, Rp500, and Rp1,000, signed by Indra Kasoema as Director, and Sjafruddin Prawiranegara as Governor. The notes began circulating from July 1953 to November 1954 depending on denomination.
The local name of the currency is used in this list, with the adjectival form of the country or region. ... Indonesian rupiah – Indonesia;
Colour key and notes Indicates that a given currency is pegged to another currency (details) Italics indicates a state or territory with a low level of international recognition State or territory Currency Symbol [D] or Abbrev. ISO code Fractional unit Number to basic Abkhazia Abkhazian apsar [E] аҧ (none) (none) (none) Russian ruble ₽ RUB Kopeck 100 Afghanistan Afghan afghani ؋ AFN ...
Bank Indonesia initiated Garuda Project, a project to develop Indonesian central bank digital currency on 30 November 2022. [44] Bank Indonesia issued the white paper on digital Rupiah development. [45] By passage of the Law on Financial Sector Development and Strengthening, digital Rupiah is legalized as form of Rupiah. [46]
Investors have long been hoping Bitcoin will reach $100,000 (£78,900) in value, and the digital currency reached more than $99,000 in late November. But Bitcoin's price has been known to plummet ...
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