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 ?
1 percent, and the rupiah by 3.7 percent since the start of the month as concerns about the trade war between the US and China have subsided and the 7.
In the second phase the two countries agree to use direct transaction using rupiah and RMB," she said.
Overseas funds pumped 5.73 trillion rupiah ($460 million) into Indonesian local-currency sovereign notes in the first three days of this week, the latest finance ministry data show.
The rupiah, this year's worst performer among 12 Asian peers tracked by Bloomberg, will climb to 12,000 per dollar by the end of 2014, from 12,200, a separate survey predicts.
Following the announcement late Tuesday, the rupiah strengthened slightly.
The tourist was also told that he had to go to a district court in the provincial capital Denpasar for committing the traffic violations and pay 1,250,000 rupiah (about $128).
Trade imbalances in Southeast Asia's biggest economy have raised concerns among investors, pressuring the rupiah to become Asia's worst performing currency this year, with the August improvement not seen as enough to calm market sentiment.
The company sold 775 million shares at 6,300 rupiah each, putting the deal at 4.88 trillion rupiah ($510.03 million), according to a term sheet of the offering seen by Reuters on Thursday.
PT ANTAM (Persero) Tbk (ASX:ATM) said today that its income during the first quarter 2011 jumps 71% over the same period of 2010 to 346.6 billion Rupiah. Antam's earnings per share was 36.39 Rupiah for the first quarter of 2011 compared to 21.20 Rupiah of the same period last year.
The stock leapt from its offer price of 850 rupiah (nine cents) to 1,270 rupiah, hitting the maximum daily gain and triggering an automatic halt on higher bids, dealers said.
Although the company has announced it would pay the missed coupon before 30 September 2010, the rupiah notes do not stipulate a grace period, the agency added.
The move to cut its debt issuance by 15 trillion rupiah ($1.7 billion), out of 58 trillion rupiah worth of debt still to be issued, spurred longer-dated bond prices as investors bet the deficit cut could lead to a much-sought after investment grade credit rating.