Indonesian Rupiah Strengthens to Rp 14,432 per US Dollar (Friday, June 3, 2022)

As of 11:23 WIB today, June 3rd, 2022, the Indonesian Rupiah (IDR) exchange rate in the spot market is traded at Rp 14,432 per US dollar. This represents a 1.01% strengthening compared to the previous day's closing rate of Rp 14,580 per US dollar. Today's trading is expected to range between 14420 and 14482.5.

According to investing.com, the Rupiah in the spot market has appreciated by 0.99% in the past week. Compared to 30 days ago, the Rupiah in the spot market has strengthened by 0.43%.

However, over the past year, the Rupiah in the spot market has actually weakened (strengthened). The previous highest record in the last year reached Rp 14,685 per US dollar.

The Rupiah 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 14,685 per US dollar.

The current condition of the Rupiah exchange rate contrasts with most regional currencies, which are strengthening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won strengthened by 0.95 points (-0.08%) to KRW 1,240.23 per US dollar, the Japanese Yen weakened by 0.04 points (+0.03%), the Singapore Dollar weakened (+0.07%), the Euro strengthened by 0.0001 points (-0.02%), and the Chinese Yuan strengthened by 0.024 points (-0.36%).