ACADEMICS.web.id – In October 2014, when Jokowi was inaugurated as the President of the Republic of Indonesia, the rupiah exchange rate was Rp. 11,600.
In June 2024, as Jokowi is about to end his term as the President of Indonesia, the rupiah exchange rate is Rp. 16,400.
During Jokowi’s 10-year era as the President of the Republic of Indonesia, the rupiah’s exchange rate dropped by 40%. A bleak decline of the rupiah that is worth remembering.
Our purchasing power in dollars has plummeted by 40%.@