Indonesian Rupiah Weakens to Rp 14,919 per US Dollar (Wednesday, September 14, 2022)

As of 10:43 WIB this Wednesday, September 14, 2022, the rupiah exchange rate in the spot market is traded at Rp 14,919 per US dollar. This represents a 0.45% weakening compared to the previous day's closing rate of Rp 14,851 per US dollar. For the daily movement, the rupiah is expected to range between 14,885 and 14,910 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.23% in the past week. Compared to 30 days ago, the rupiah in the spot market has weakened by 0.18%.

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 15,030 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 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 weakened by 4.57 points (+0.33%) to KRW 1,396.01 per US dollar, the Japanese yen weakened by 0.23 points (+0.16%), the Singapore dollar strengthened by 0.0001 points (0.00%), the euro weakened (+0.08%), and the Chinese yuan strengthened by 0.0004 points (-0.01%).