The currency of Indonesia, the rupiah, has a long history dating back to its colonial period. Due to periods of economic uncertainty and high inflation, |
By 4 October, the currency had collapsed a further 19%, falling to Rp3,690 per dollar. It had now lost a third of its value, and now a full-blown 'crisis' ... |
The worst affected was the Indonesian rupiah, which at one stage was worth only a fifth of its June 1997 value against the US dollar. The baht itself lost half ... |
Billions of rupiah were withdrawn from saving accounts, restricting the banks' ability to lend and forcing the Central Bank to provide large credits to the ... |
On the day it was presented the rupiah crashed, losing near- ly half its value (from 6,000 to 10,000 to the dol- lar), and the Jakarta Stock Exchange ... |
16 апр. 2024 г. · An unwelcome plunge in its currency is complicating matters for Bank Indonesia and could force it to grudgingly raise rates as early as next week. |
This chapter shows that reforms undertaken since 1998 are one reason for Indonesia's relative resilience to the global financial crisis and the TT. |
21 окт. 2024 г. · The Indonesian rupiah resumed its crash this week as emerging market currencies plunged against the greenback. The USD/IDR pair surged to a ... |
Indonesia's currency pressure came to a head in October 2018 when the rupiah fell to a 20-year low to rates last seen during the Asian financial crisis of 1997- ... |
17 сент. 2018 г. · In 1998, thanks to President Bill Clinton and the IMF, the Indonesian rupiah collapsed, and inflation surged. |
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