History of the Indonesian rupiah exchange rate with the US dollar from about 14,600 rupiah to 14.6. The plan has raised public concern that the monetary policy may devalue the currency. Bank Indonesia Governor Darmin Nasution immediately announced that the planned redenomination of the national currency would not inflict any financial losses as the measure would only strike a few zeros from the current denominations. History of the Indonesian rupiah The currency of Indonesia, rupiah, has a long history that stretch back to colonial period. Due to periods of uncertain economy and high inflation, the currency has been re-valued several times. The first coin-like products
National Institute of Technology (Indonesia) Art and design. National Institute of Technology (Indonesia) The National Institute of Technology (, abbreviated as ITENAS), is a private, technology-oriented university located in Bandung, Indonesia. ITENAS was established in 1972 as the National Academy of Technology (, abbreviated as ATENAS) by the Dayang Sumbi Educational Foundation with R. Mansoer Wiratmadja as its first rector. ATENAS originally had four faculties, which focused on Architecture, Civil Engineering, Electrical Engineering, and Mechanical Engineering, respectively. In 1984, ATENAS became the National Institute of Technology, which currently has three faculties, namely the Faculty of Industrial technology, the Faculty of Civil engineering and Planning, and