Rupiah Exchange Rate Strengthens to Rp 15,588 per US Dollar (Thursday, January 5, 2023)

The Indonesian Rupiah exchange rate in the spot market this morning, until 10:43 WIB (Western Indonesian Time), was traded at Rp 15,588 thousand per US dollar on Thursday, January 5, 2023. This exchange rate strengthened by 0% compared to the previous day's closing, which was traded at Rp 15,588 thousand per US dollar. Today's trading of the Rupiah exchange rate is expected to move in the range of 15585 - 15633.

As shown on investing.com, the Rupiah exchange rate in the spot market has increased by 0.72% in a week. Compared to 30 days earlier, the Rupiah exchange rate in the spot market has been pressured down by 0.18%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually experienced a decrease (strengthening). In the last year, the previous highest record reached Rp 15,740 per US dollar.

The Rupiah exchange rate in the spot market reached its lowest point at Rp 15,570 per US dollar on Monday, January 2, 2023. The highest point this year was around Rp 15,595 per US dollar.

The current condition of the Rupiah exchange rate follows most regional currencies that are weakening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean Won strengthened by 8.66 points (-0.68%) to KRW 1,270.86 per US dollar. Following this, the Japanese Yen strengthened by 0.61 points (-0.46%), the Singapore Dollar weakened (+0.05%), the Euro strengthened by 0.0052 points (-0.54%), and the Chinese Yuan strengthened by 0.0348 points (-0.50%).