Indonesian Rupiah (IDR)
News: Indonesian Rupiah
- Indonesia Inc. Feels Sting as Rupiah Languishes - WSJ.com (30 September 2013, 2:20 am)
- Rupiah leads fall in Asian currencies - Taipei Times (8 September 2013, 7:00 am)
- Rupiah, rupee lead drop in Asia as Fed spurs outflows - Taipei Times (25 August 2013, 7:00 am)
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About the Indonesian Rupiah
The Indonesian “rupiah” (plural: rupiahs) is the official currency used in the country of Indonesia. Its official currency code (ISO) is “IDR” and it is symbolized by “Rp”. The primary denominations include 100, 200, 500 rupiahs coins; and 1000, 2000, 5000, 10 000, 20 000, 50 000, and 100 000 rupiah paper bank notes (1 rupiah = 100 sen, however sen are rarely used). In Indonesia, decimal numbers are denoted using a comma (e.g. 1,50). The rupiah has a managed floating exchange rate that is tied to the US dollar and its value is often seen as being dependent on commodity prices (Indonesia’s largest export).
Central Bank: Bank Indonesia