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The price of the certificates quickly reached 332% of face value by April 1958, i.e. Rp38, a rate at which the government chose to end the free market, fixing the price at 332% of face value. The currency devaluation of large notes in 1959 had the official exchange rate devalued to Rp45 as of August 1959.
The price index at the end of 1965 had been calculated at 363 times higher than in 1958, and prices had risen approximately seven times over the previous 12 months. [7] In real terms (i.e. with inflation taken into account), a labourer in Jakarta was estimated to have earned 40 per cent of his earnings in 1958. [8]
A Balinese statuette of a woman made from Chinese cash coins. According to a popular legend Chinese cash coins (Balinese: Pis Bolong) were introduced to Bali around the year 12 AD when the ancient Balinese King Sri Maharaja Aji Jayapangus married the Han dynasty princess Kang Cin Wei and the princess asked the King if Chinese cash coins could become a part of all rituals in Bali, which at the ...
Today, the small airport serves as the only air bridge in and out of the country. The airspace between Haiti and the Dominican Republic is still closed. The Bahamas suspended flights into the country.
They were made available to Indonesian citizens over the age of 17, who could purchase a maximum of one banknote by registering online and collecting it at one of the 45 regional Bank Indonesia branches. Due to the high demand, banknotes were subsequently offered for sale online for prices up to Rp8.8 million, more than 117 times its face value.
The remaining five Australians from the infamous “Bali Nine” drug gang are “relieved and happy” to be home after Canberra struck a deal with Jakarta to end their two decades of imprisonment.
A week after cellphone users across the U.S. reported a flurry of racist text messages, members of the Hispanic and LGBTQ communities are now receiving text messages saying they have been selected ...
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 ...
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