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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.
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
In July 1997, when Thailand floated the baht, Indonesia's monetary authorities widened the rupiah currency trading band from 8% to 12%. As a result, the rupiah suddenly came under severe attack in August. Therefore, on the 14th of the month, the managed floating exchange regime was replaced by a free-floating exchange rate arrangement.
In 2019, Thailand booked a record 39.9 million foreign arrivals who generated 1.91 trillion baht ($55.98 billion) in revenue ... ($1 = 34.1200 baht) (Reporting by Chayut Setboonsarng; Editing by ...
baht Thai baht: Also B when ฿ is unavailable U+0E3F ฿ THAI CURRENCY SYMBOL BAHT: B/. balboa Panamanian balboa: Br: birr Ethiopian birr ₿ bitcoin Bitcoin: Cryptocurrency: U+20BF ₿ BITCOIN SIGN: Bs: bolívar Venezuelan bolívar: boliviano Bolivian boliviano ₵ cedi Ghanaian cedi: U+20B5 ₵ CEDI SIGN ¢ cent, centavo, etc. Fraction
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 ...
The Indonesian one hundred thousand rupiah banknote (Rp100,000) is a denomination of the Indonesian rupiah. Being the highest and second-newest denomination of the rupiah (after the Rp2,000 note), it was first introduced on November 1, 1999, as a polymer banknote [1] [2] before switching to cotton paper in 2004; [3] all notes have been printed using the latter ever since.
The suspects were charged with violating Indonesia's human trafficking law and face a maximum 15 years in prison and a fine of up to 600 million rupiah ($40,040) if convicted.