Indonesian Rupiah (IDR)

News: Indonesian Rupiah

• Won, Rupiah Lead Declines in Asian Currencies on Growth Concern - Businessweek (1 February 2012, 4:21 am)
• FX USD/ IDR: Trade Minister on FX and Ipads - FXStreet.com (27 January 2012, 7:43 pm)
• Asian Currencies Climb for a Fourth Week on Inflows, Fed Outlook - Businessweek (27 January 2012, 2:50 pm)

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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