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:
“But come what sorrow can,
It cannot countervail the exchange of joy
That one short minute gives me in her sight.”
—William Shakespeare (1564–1616)
“I don’t know but a book in a man’s brain is better off than a book bound in calf—at any rate it is safer from criticism. And taking a book off the brain, is akin to the ticklish & dangerous business of taking an old painting off a panel—you have to scrape off the whole brain in order to get at it with due safety—& even then, the painting may not be worth the trouble.”
—Herman Melville (1819–1891)