Exchange Rate and Inflation
The rupiah has been subject to high inflation for most of its existence (which as an internationally recognised currency should be dated to 1950). Various attempts have been made to maintain the value of the currency, all were abandoned.
Read more about this topic: Indonesian Rupiah
Famous quotes containing the words exchange and/or rate:
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—Herbert Marcuse (18981979)
“Strange that the vanity which accompanies beautyexcusable, perhaps, when there is such great beauty, or at any rate understandableshould persist after the beauty was gone.”
—Mary A. [Elizabeth, Countess Von] Arnim (18661941)