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The presidential candidate has proposed costly initiatives like a free lunch program for school children, which may cost around 400 trillion Indonesian rupiah ($25.6 billion), or about 2% of the ...
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2]; Exchange rate arrangement (Number of countries) Exchange rate anchor
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
Sri Mulyani Indrawati (born 26 August 1962) is an Indonesian economist who currently serves as the Minister of Finance of Indonesia as part of the Onward Indonesia Cabinet. She had served as Minister of Finance in two separate terms; under Susilo Bambang Yudhoyono between 2005–2010 and under Joko Widodo and Prabowo Subianto since 2016.
By 1968 the Suharto New Order had been established, and Bank Indonesia, as of 1968 was given sole right to issue banknotes (including notes below 5 rupiah) as well as coins (which had previously been the issue of the central government), which it did in a range from 1 to 1000 rupiah. [10] In 1970, Indonesia added 5000 and 10,000 rupiah ...
BEIJING (Reuters) -Indonesia's president-elect Prabowo Subianto visited Beijing on Monday on his first foreign trip since his election, and was quoted by Chinese state media as telling President ...
The Indonesian two thousand rupiah banknote (Rp2,000) is a denomination of the Indonesian rupiah. First introduced on July 9, 2009, [ 1 ] it was made legal tender the following day and has since been modified two times, first in 2016 and then in 2022.
The International Monetary Fund (IMF) has historically had a large presence in Indonesia, Southeast Asia's largest economy. During the Suharto era of the 1960s to 1990s the IMF enjoyed an active presence in the Indonesian economy and politics gaining influence through political sympathizers and technocrats within the Indonesian government. The ...