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The New Year had the rupiah begin at Rp5,447 per dollar. On 15 January, the second letter of intent was signed with the IMF, agreeing an accelerated reform package in return for US$43 billion of aid. The rupiah had strengthened from an all-time low of Rp9,100 per dollar on 23 January to Rp. 7,225 per dollar on 15 January.
Total investment, including from domestic sources, reached 1,207.2 trillion rupiah ($81.02 billion), roughly in line with the government's target. FDI in the final quarter of last year was up 43.3% on an annual basis, amounting to 175.2 trillion rupiah in rupiah terms, or $12.2 billion in the official U.S. dollar equivalent. [153]
There was never an official exchange rate between NICA gulden and Indonesian rupiah, but with popular support for the rupiah strong, 1 ORI rupiah was initially valued at 5 NICA gulden. The currency, however, depreciated fast, falling to 2 gulden within 1 week, as the market gauged fair value, and by the end of 1946 to par.
Indonesia's parliamentary budget committee has approved additional 15 trillion rupiah ($1.01 billion) to speed up construction of the flagship new capital Nusantara, a senior lawmaker said on Friday.
Billions of rupiah were withdrawn from saving accounts restricting these bank's abilities to lend forcing the Central Bank to provide large credits towards the remaining banks to avert a banking crises. [3] Evidence is shown as in January 1998 the Indonesian rupiah lost half its value within 5 days. [4]
JAKARTA (Reuters) -Indonesian President Joko Widodo proposed a budget of 3,304.1 trillion rupiah ($216.24 billion) on Wednesday for 2024, his final year in office, promising to guard the economy ...
List of Indonesian cities by GDP Nominal and PPP in 2021, with 14,308 IDR = 1 USD term of Nominal while 4,833.87 IDR = 1 USD term of PPP. ... (in billion $) Per ...
It saw half-year gross revenue climb 14% to 4.5 trillion rupiah ($288 million) in August while its underlying loss narrowed sharply to 752 billion rupiah from 3.7 trillion rupiah a year ago.