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Rupiah Strengthens 0.1% or 19 Points Against the US Dollar (Tuesday, May 23, 2023)
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Bank Indonesia closed the rupiah exchange rate at Rp 14,878 per United States dollar (USD) on Tuesday, May 23, 2023. This represents an appreciation of 19 points or 0.1% compared to the previous day's trading.
Over the week, the rupiah fluctuated by 58 points. The US dollar traded in a range of Rp 14,936 per dollar at its highest and Rp 14,878 per dollar at its lowest.
Meanwhile, against several major currencies monitored by Bank Indonesia (BI) today, the rupiah weakened by 5.23 points against the Chinese yuan, 3.24 points against the Hong Kong dollar, 0.01 points against the South Korean won, and 3.99 points against the Japanese yen. The rupiah also weakened by 1.99 points against the Singapore dollar. Conversely, the rupiah strengthened by 2.14 points against the euro and 10.52 points against the Malaysian ringgit.
"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."
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