Economy of Indonesia the Republic of Indonesia), a currency issued by the Republican Government which was the predecessor of Rupiah. Despite so, currency issued during the Japanese occupation and by Dutch authorities were still in circulation, and simplicity of the ORI made its counterfeiting straightforward, worsening matters. Once the nation's independence has been recognised by the Netherlands on December 1949, the next 10 years saw the devaluation of Dutch banknotes into half their value ("Gunting Sjafruddin"), dissolution of the United States of Indonesia in 1950, and during the liberal democracy period the nationalization of "De Javasche Bank" into modern Bank Indonesia and the
Indonesia national basketball team Indonesia national basketball team The Indonesia men's national basketball team represents the Republic of Indonesia in international basketball competitions. The governing body of the team is the "Persatuan Bola Basket Seluruh Indonesia" (Indonesian Basketball Association – "PERBASI"). Its biggest success was the gold medal at the 1996 South East Asian Championship. Team Indonesia is one of the major teams in Southeast Asia. The team finished among the top-four teams in Asia at the 1967 Asian Basketball Championship. At the 1996 Southeast Asian Basketball Championship, Indonesia was the dominant country and won the gold medal. Indonesia participated at the 2009 FIBA