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 official language, coat of arms, and national anthem of Indonesia. The Indonesian law No. 24 year 2009 mentioned about the Indonesian flag, Indonesian language, national emblem of Indonesia, and national anthem of Indonesia.<ref name="UU No 24/2009"></ref> Garuda Pancasila is the national emblem of Indonesia. It is an eagle bird and the name of symbol derived from Garuda, the mythical bird vehicle of Vishnu. The current symbol are designed and officially recognised in 1950s. The head of Garuda faces its right side, it means that Indonesia embraces democracy. If it faces its left side, it means Indonesia is leaning on socialism.