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Indonesian Rupiah

Indonesia - Indonesian Rupiah (IDR)

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Description

The Indonesian rupiah is the currency of Indonesia. The banknotes are printed on paper. The Bank Indonesia (BI) is responsible for issuing the Indonesian banknotes. Indonesia has the largest economy in Southeast Asia. The Indonesian rupiah is named after the currency of India, the rupee. The exchange rate for the rupiah is free floating. This currency is often referred to as “perak” by the residents of Indonesia, which means “silver” in English.