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By 4 October, the currency had collapsed a further 19%, falling to Rp3,690 per dollar. It had now lost a third of its value, and now a full-blown 'crisis' existed in Indonesia. On 8 October with the rupiah at Rp3,640 per dollar, the government decided to seek the support of the International Monetary Fund. During the month, the rupiah ...
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The 500 rupiah coin was updated '1997' with a smaller jasmine leaf above a large central '500' with smaller lower 'rupiah', and the same aluminium-bronze material. The coin was minted dated 1997, 2000, 2001, 2002 and 2003. The next coin design, was '1999' 50 rupiah coin, which was struck in aluminium showing the black-naped oriole. As with the ...
The Japanese invasion money used in the Netherlands Indies was first denominated in guilder (1942) [17] and later in Roepiah (1944–45). [18] The guilder issue bears the payment obligation "De Japansche Regeering Betaalt Aan Toonder" (The Japanese Government pays to the bearer) on notes one-half guilder and above. [19]
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 ...
A federal judge temporarily blocked President Trump’s plan to freeze federal aid minutes before it was set to go into effect late Tuesday afternoon. The “brief administrative stay” came ...
The first 'Indonesian rupiah' bank notes bore the date of the rupiah's proclamation, 17 October 1945, under the authority of the newly-formed republic, and were put in circulation in Java starting from 10 October 1946. The notes were in denominations of 1 cents, 5 cents, 10 cents, 50 cents, Rp1, Rp5, Rp10, and Rp100. [3]
Race walking has been around since the late 19th century, when it evolved into a full-fledged sport with competitors walking long distances in packed indoor arenas. The sport officially made its ...