Indonesian Rupiah - Exchange Rate and Inflation

Exchange Rate and Inflation

The rupiah has been subject to high inflation for most of its existence (which as an internationally recognised currency should be dated to 1950). Various attempts have been made to maintain the value of the currency, all were abandoned.

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Famous quotes containing the words exchange and/or rate:

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    Strange that the vanity which accompanies beauty—excusable, perhaps, when there is such great beauty, or at any rate understandable—should persist after the beauty was gone.
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