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[39] [40] Indonesia faced a recession in 2020 when the economic growth collapsed to −2.07% due to the COVID-19 pandemic, its worst economic performance since the 1997 crisis. [41] In 2022, gross domestic product expanded by 5.31%, due to the removal of COVID-19 restrictions as well as record-high exports driven by stronger commodity prices. [42]
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 ...
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[19] [20] [13] In 1939, H. M. Larson suggested that the sign could derive from a combination of the Greek character "psi" (ψ) and "S". [21] A theory claims that the sign started off as a monogram of "US", with a narrow "U" superimposed on the "S"; the bottom part of the "U" would have been lost, producing the dollar sign with two vertical lines.
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Ini "this, these" is used for a noun which is generally near to the speaker. Itu "that, those" is used for a noun which is generally far from the speaker. Either may sometimes be equivalent to English "the". There is no difference between singular and plural. However, plural can be indicated through duplication of a noun followed by a ini or itu.
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 COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.