Indonesian Rupiah Exchange Rate Weakens to Rp 15,482 per US Dollar (Wednesday, October 19, 2022)

As of 10:43 WIB this Wednesday, October 19, 2022, the rupiah exchange rate in the spot market is traded at Rp 15,482 per US dollar. This represents a 0.1% weakening compared to the previous day's closing rate of Rp 15,466 per US dollar. Today's trading of the rupiah exchange rate is expected to range from 15466.5 - 15484.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.83% in the past week. Compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 4.26%.

However, over the past year, the rupiah exchange rate in the spot market has actually strengthened. The previous highest record in the last year reached Rp 15,485 per US dollar.

For the period January-October 2022, the rupiah exchange rate in the spot market has shown a weakening trend, moving 3.87% compared to the level of Rp 14,905 per US dollar a month ago.

The current rupiah exchange rate follows the trend of most regional currencies, which are weakening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won strengthened by 6.89 points (-0.48%) to KRW 1,418.44 per US dollar, the Japanese yen strengthened by 0.06 points (-0.04%), the Singapore dollar weakened (+0.01%), the euro weakened (+0.08%), and the Chinese yuan weakened (+0.06%).