What is Indonesian Rupiah (IDR)?

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The Indonesian Rupiah (IDR) is the official currency of the Republic of Indonesia, issued and controlled by Bank Indonesia (BI), and is a highly volatile emerging market currency often subject to significant intervention by the central bank to maintain stability against major currencies like the US Dollar.

Indonesian Rupiah (IDR)

What is Indonesian Rupiah (IDR)?

What are the primary factors driving the volatility of the Indonesian Rupiah (IDR) in the foreign exchange market?

How does Bank Indonesia (BI) use monetary policy tools to manage the value and stability of the Rupiah?

What is the historical context of the Indonesian Rupiah, and how has it evolved since the Asian Financial Crisis?

Why is the USD/IDR exchange rate a critical indicator for Indonesia's economy and foreign investors?

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