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Definitions from the WebIndonesian Monetary UnitDescriptionThe Indonesian Monetary Unit refers to the official currency used in Indonesia. The currency is called the Indonesian Rupiah (IDR), and it is issued and regulated by the Bank of Indonesia. The Indonesian Rupiah is widely used for transactions throughout the country and is represented by the currency code IDR. Senses and UsagesSense 1: CurrencyThe Indonesian monetary unit, or Indonesian Rupiah (IDR), is used as a medium of exchange in Indonesia for various goods and services. It is available in different denominations including banknotes and coins. Example sentence: The price of the item is 10,000 Indonesian Rupiah. Sense 2: Financial StabilityThe Indonesian monetary unit plays a crucial role in determining the financial stability of the country. The government, along with the central bank, implements policies to regulate the exchange rate and control inflation. Example sentence: The government's efforts to maintain a stable Indonesian monetary unit have resulted in economic growth. Related ProductsExplore related products on Amazon: | ||||
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