Indonesian Rupiah Exchange Rate Weakens to Rp 15,735 per US Dollar (Friday, November 4, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 15,735 per US dollar on Friday, November 4, 2022. This exchange rate weakened by 0.25% compared to the previous day's closing, which was traded at Rp 15,697 per US dollar. Today's trading of the rupiah exchange rate is expected to move in the range of 15696.5 - 15750.

As shown on investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 1.09% in a week. Compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 3.35%. Over the past year, the rupiah exchange rate in the spot market reached a high of Rp 15,700 per US dollar.

For the period January-November 2022, the rupiah exchange rate in the spot market has shown a weakening trend, moving 3.33% compared to the level a month ago, which was at Rp 15,230 per US dollar.

The current condition of the rupiah exchange rate is contrary to most regional currencies, which are strengthening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won strengthened by 2.8 points (-0.20%) to KRW 1,421.26 per US dollar. Following this, the Japanese yen strengthened by 0.13 points (-0.08%), the Singapore dollar strengthened by 0.0041 points (-0.29%), the euro strengthened by 0.0017 points (-0.17%), and the Chinese yuan strengthened by 0.0362 points (-0.49%).