Indonesian Rupiah Exchange Rate Weakens to Rp 14,912 per US Dollar (Monday, September 5, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 14,912 per US dollar on Monday, September 5, 2022. This exchange rate weakened by 0.1% compared to the previous day's closing, which was traded at Rp 14,897 per US dollar. The daily exchange rate movement is expected to be in the range of 14,885 - 14,932.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.64% in a week. However, compared to 30 days earlier, the rupiah exchange rate in the spot market has strengthened by 0.12%.

Nevertheless, for a one-year data range, the rupiah exchange rate in the spot market has actually decreased (strengthened). In the last year, the previous highest record reached Rp 15,030 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 15,030 per US dollar.

The current 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 weakened by 7.21 points (+0.53%) to KRW 1,369.92 per US dollar, the Japanese yen weakened by 0.07 points (+0.05%), the Singapore dollar weakened (+0.22%), the euro weakened (+0.38%), and the Chinese yuan weakened by 0.02 points (+0.31%).