Indonesian Rupiah Weakens to Rp 14,995 per US Dollar (Tuesday, July 19, 2022)

The Indonesian Rupiah exchange rate in the spot market today until 11:23 WIB (Western Indonesian Time) was traded at Rp 14,995 per US dollar on Tuesday, July 19, 2022. This exchange rate weakened by 0.08% compared to the previous day's closing, which was traded at Rp 14,983 per US dollar. The daily exchange rate movement is expected to be in the range of 14,987.5 - 15,027.5 per US dollar.

As shown on investing.com, the Rupiah exchange rate in the spot market has been pressured down by 0.17% in a week. Compared to 30 days earlier, the Rupiah exchange rate in the spot market has been pressured down by 1.73%. This means there has been a significant increase in a month. Compared to the last year's trading record, the Rupiah exchange rate in the spot market is currently at its highest record.

For the period January-July 2022, the Rupiah exchange rate in the spot market experienced a weakening trend, moving 1.56% compared to the condition a month ago, which was at the level of Rp 14,765 per US dollar.

The current condition of the Rupiah exchange rate is contrary to most regional currencies that are strengthening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won strengthened by 0.86 points (-0.07%) to KRW 1,312.09 per US dollar. Following this, the Japanese Yen strengthened by 0.07 points (-0.05%), the Singapore Dollar strengthened by 0.0006 points (-0.05%), the Euro strengthened by 0.003 points (-0.31%), and the Chinese Yuan strengthened by 0.0063 points (-0.09%).