Indonesian Rupiah Strengthens 0.3% or 39 Points Against the US Dollar (Monday, May 22, 2023)
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Bank Indonesia closed the rupiah exchange rate at Rp 14,897 per US dollar on Monday, May 22, 2023. This represents an appreciation of 39 points or 0.3% compared to the previous day's trading.
Over the week, the rupiah fluctuated by 39 points. The US dollar traded in a range of Rp 14,936 per dollar (highest) and Rp 14,897 per dollar (lowest).
Meanwhile, against several major currencies monitored by Bank Indonesia (BI) today, the rupiah weakened by 0.16 points against the South Korean won, 13.2 points against the Hong Kong dollar, 61.69 points against the Australian dollar, 16.6 points against the Singapore dollar, and 2.44 points against the Chinese yuan. The rupiah strengthened by 3.24 points against the Malaysian ringgit and 23.63 points against the euro.
"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."