Indonesian Rupiah


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Indonesian Rupiah

The currency of Indonesia. It was first issued in the 1940s during and immediately after World War II. It circulated alongside a specially minted Dutch currency until Indonesia's independence was recognized in 1949. It is a weak currency.
References in periodicals archive ?
The Indonesian central bank has said that the Indonesian rupiah is undervalued.
According to currency exchange houses, the Indonesian rupiah fell almost 5 per cent since the beginning of the month, while the Philippine peso and Pakistani rupee slipped by about 3 per cent and 1 to 2 per cent, respectively, against the UAE dirham.
A Ganesha picture is embossed in the Indonesian Rupiah.
85 percent against the Indonesian rupiah to 9,340 rupiah
Demand at the Post Office's 1600 bureau de change branches for the Indonesian rupiah surged 54% this summer, largely because of the popularity of Bali.
dollar equivalent of Indonesian Rupiah 369,400) and 813,938,000 Series B Shares at the offer price of Indonesian Rupiah 7,388 per Series B Share.
Guilty parties can receive three years imprisonment or a fine of 50 million Indonesian rupiah (approximately $5,400 U.
Note: Indonesian rupiah quotations are not official following the central bank's announcement on tightening foreign exchange trading on Jan.
A subsidiary research firm of the Thai Farmers Bank said Monday that the Thai currency has strengthened more than many other regional currencies, though the Indonesian rupiah has gained 13.
3 billion yen and bought the Indonesian rupiah during the Asian financial crisis which started in July in Thailand, according to the data.
The holography division is one of the biggest producers in the world, although the fall in the value of the Indonesian Rupiah means that company sales values are low.
At the same time, the Indonesian rupiah, which went from 2,500 to the dollar in early 1997 to about 17,500 in 1998, is projected to remain stable at between 6,000 and 7,000 to the dollar, according to the Central Bank.

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