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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 in coins.
Due to poor bank lending practices, many Indonesian companies borrowed cheaper US dollar loans while their income is mainly in Indonesian rupiah. The weakening rupiah spurred panic buying of US dollar by these companies, causing the Indonesian rupiah to drop in value from a pre-crisis level of Rp. 2,600 to a low point in early 1998 of around Rp ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 17 September 2024. There is 1 pending revision awaiting review. Currency of the United States "USD" redirects here. For other uses, see USD (disambiguation). United States dollar Federal Reserve Notes (obverse) ISO 4217 Code USD (numeric: 840) Subunit 0.01 Unit Symbol $, US$, U$ Nickname List Ace ...
This is an accepted version of this page This is the latest accepted revision, reviewed on 19 September 2024. President of Indonesia since 2014 In this Indonesian name, there is no family name nor a patronymic. His Excellency Joko Widodo Official portrait, 2019 7th President of Indonesia Incumbent Assumed office 20 October 2014 Vice President Jusuf Kalla (2014–2019) Ma'ruf Amin (2019 ...