Indonesian Rupiah/United States dollar

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Updated: 18 Jan, 3:27 pm UTC
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The Indonesian Rupiah is the official currency of Indonesia and is used by investors and traders to conduct business in the financial markets. The currency is used to buy and sell securities, foreign exchange, commodities, and derivatives. It is also used as a hedge against currency risk and to make international investments. The Rupiah has seen some volatility in recent years, making it attractive to those looking to capitalize on short-term price movements. The currency is also used as a way to diversify portfolios, as it is largely unaffected by events in other major global markets.