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September 16, 2019
Mid Rate
USD - IDR
JISDOR (USD-IDR) 13-09-19
Rp 13,950
BI 7-Day RR
22-08-2019
5.5 %
Reserved Assets
31-08-19
$ 126,441
M1
CPI Inflation (yoy)
Aug 2019
3.49 %
Inflation Target 2019
3.5% (±1%)
Auction Schedule of Open Market Operations
Release
Calendar
Latest
Info
Press
Release
September 2019
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Read More
9/16/2019
Next Release :
Retail Sales Survey Report July 2019
17-09-19
Board of Governor's Meeting ...
Holiday ...
10-09-2019
Retail Sales Survey in July 2019: Retail ...
05-09-2019
Customer Survey in August 2019: Consumers Remain ...
02-09-2019
Bank Indonesia launching the Authorised Biography of ...
Read More
06-09-2019
Official Reserve Assets Improved
04-09-2019
The Government and Bank Indonesia Agree Six ...
02-09-2019
Inflation Controlled in August 2019
Read More
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Coins
Money arrived as a replacement for the barter system that became outmoded over time and no longer met the needs of the people. When money first circulated it was known as uang barang. Each region had its own unique form of such currency. Papua, for instance, used certain shells as money, while beads were used in Bengkulu and Pekalongan. Notwithstanding, after the emergence of interregional trade, such currency was rendered ineffective. Items that were considered valuable in one region would not necessarily be worth the same in a different region. Therefore, a new form of currency was required that was valued by and desirable to the general public. This is the origin of currency made from metal coins.
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