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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]
As of 2019, 9.41% of the population lived below the poverty line, and the official open unemployment rate was 5.28%. [195] During the first year of the global COVID-19 pandemic, the economy suffered its first recession since the 1997 crisis but recovered in the following year. [196] Indonesia has abundant natural resources.
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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 word crore derives from the Prakrit word kroḍi, which in turn comes from the Sanskrit koṭi (कोटि), [2] denoting ten million in the Indian number system, which has separate terms for most powers of ten from 10 0 up to 10 19. The crore is known by various regional names.
The MERVAL on the Buenos Aires Stock Exchange fell 9.5% to 19.5% on the week. [193] 12 March was the second time, following 9 March, that the 7%-drop circuit breaker was triggered since being implemented in 2013. [165] In Colombia, the peso set an all-time low against the U.S. dollar, when it traded above 4000 pesos for the first time on record.
[5] Within city centres (and in rural areas), there are smaller stores known as U Express, which account for 4.53% of the group. There are 294 U Express stores, which account for a total of 104,468 square metres of retail space (at an average of 730 square metres per store). The average spend per trip is €17.00. [5]