rupiah

Examples

• All

• His absence from the public arena startled the markets and spurred another drop in the rupiah against the dollar and a sharp decline in the Jakarta stock market.

  Academic text (2003)

• Indonesia has a relatively small pool of foreign reserves—roughly $57 billion—to defend the rupiah if foreign capital begins to flee.

  Blog text (24)

• Throughout the summer, Indonesia tried to cope with the falling rupiah on its own.

  Academic text (2004)

• Foreign exchange reserves rose from $29 billion to $36 billion while the rupiah appreciated in real effective terms.

  Academic text (2004)

• On July 8, 1997, Indonesia faced a currency crisis that badly devalued the rupiah.

  Academic text (2004)

• The Indonesian rupiah went into free fall against world currencies, and the banking sector collapsed under a mountain of bad loans.

  Academic text (2013)

• None of the reforms could curb inflation, slow the decrease in the value of the rupiah, or halt skyrocketing unemployment.

  Academic text (2004)

• Within a few weeks, the Indonesian government also floated its national currency, the rupiah, which had been allowed to fluctuate only within a narrow range against the dollar throughout the New Order era.

  Academic text (2003)

• Later in September, however, the announcement of default on considerable foreign private debts spurred the first serious exodus of domestic and foreign private investors, and the rupiah took another plunge.

  Academic text (2003)

• As in Thailand, currency weakness in Indonesia turned out to be merely the start of a cascade of economic problems that by early 1998 had reduced the rupiah to one-seventh of its pre-crisis exchange rate value, spurred inflation, and driven many of the country's banks out of business.

  Academic text (2003)

Surface Forms

Etymology