Indonesian Rupiah Weakens to Rp 15,644 per US Dollar (Monday, December 12, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,644 per US dollar on Monday, December 12, 2022. This represents a weakening of 0.39% compared to the previous day's closing price of Rp 15,582 per US dollar. The daily exchange rate is expected to range from 15627.5 to 15670 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 1.4% in the past week. However, compared to the previous 30 days, the rupiah exchange rate in the spot market has strengthened by 0.39%.

Over the past year, the rupiah exchange rate in the spot market has actually decreased (strengthened). The previous highest record in the last year reached Rp 15,740 per US dollar.

The rupiah exchange rate in the spot market reached its lowest point at Rp 14,255 per US dollar on Thursday, February 17, 2022. The highest point this year was around Rp 15,740 per US dollar.

The current rupiah exchange rate follows the trend of most regional currencies, which are weakening against the US dollar.

This morning, according to Bank Indonesia's monitoring of several major currencies, the South Korean won weakened by 0.25 points (+0.02%) to KRW 1,307.32 per US dollar. The Japanese yen strengthened (0.00%), the Singapore dollar strengthened (0.00%), the euro weakened (+0.00%), and the Chinese yuan strengthened by 0.0034 points (-0.05%).