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The Indonesian rupiah (IDR) banknotes denominations in circulation since 2016 There are 50 million small businesses in Indonesia, with online usage growth of 48% in 2010. Google announced that it would open a local office in Indonesia before 2012. [ 103 ]
If a country relies on many imported goods, a currency depreciation can reduce living standards, weaken economic growth, and increase inflation. [5] However, a depreciation can also strengthen domestic producers and increase aggregate output, making it a common policy option to facilitate economic recoveries.
Economic forecasting is the process of making predictions about the economy. Forecasts can be carried out at a high level of aggregation—for example for GDP, inflation, unemployment or the fiscal deficit—or at a more disaggregated level, for specific sectors of the economy or even specific firms.
The rupiah declined from its relatively strengthened position at the end of the financial crisis, with the rupiah seeing the start of 2000 at Rp7,050 to the US dollar, but declining to Rp9,725 by the end of 2000, and reaching a low of Rp12,069 on 27 April 2001. The currency strengthened to Rp8,500 later in 2001 but ended 2001 at Rp10,505.
In time series analysis, a fan chart is a chart that joins a simple line chart for observed past data, by showing ranges for possible values of future data together with a line showing a central estimate or most likely value for the future outcomes. As predictions become increasingly uncertain the further into the future one goes, these ...
While the average savings at retirement age in America is more than $600,000 (according to the Federal Reserve Board), a savings of $500,000 can go a long way if you plan wisely and also make some...
In finance, YTD figures are often included in financial statements to detail the performance of a business entity. Providing YTD results for the current year, as well as for one or more past years as of the same date, allows owners, managers, investors, and other stakeholders to compare the company's current performance with that of previous ...
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