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 symbols of Indonesia on the scroll gripped by the Garuda's claws), and is mentioned specifically in article 36A of the Constitution of Indonesia. It is a quotation from an Old Javanese poem Kakawin Sutasoma, written by Mpu Tantular during the reign of the Majapahit empire sometime in the 14th century. Kakawin contains epic poems written in metres. This poem is notable as it promotes tolerance between Hindus (Shivaites) and Buddhists. The national flag of Indonesia, which is known as Merah-Putih ("The Red-and-White") in Indonesian, is based on the banner of the 13th century Majapahit Empire in East Java. The flag itself was introduced