Indonesian Rupiah Exchange Rate Weakens to Rp 14,461 per US Dollar (Tuesday, June 7, 2022)

Agus Dwi Darmawan 07/06/2022 12:04 WIB

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For the January-June 2022 period, the rupiah exchange rate in the spot market continued to strengthen, moving -0.64% compared to the previous month's level of Rp 14... (The sentence is incomplete; th

Indonesian Rupiah Exchange Rate Movement in the Spot Market for the Last 14 Days (Tuesday, June 7, 2022)

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Indonesian Rupiah Exchange Rate Weakens to Rp 14,461 per US Dollar (Tuesday, June 7, 2022)

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Indonesian Rupiah Exchange Rate Movement in the Spot Market for the Last 14 Days (Tuesday, June 7, 2022)

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The Indonesian Rupiah exchange rate in the spot market today, as of 11:23 WIB, is traded at Rp 14,461 per US dollar on Tuesday, June 7, 2022. This exchange rate weakened by 0.08% compared to the previous day's closing, which was traded at Rp 14,450 per US dollar. The daily exchange rate movement is expected to be in the range of 14,451.5 - 14,472.5 per US dollar.

As shown on investing.com, the Rupiah exchange rate in the spot market has increased by 0.66% in a week. Compared to 30 days prior, the Rupiah exchange rate in the spot market has strengthened by 0.24%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually decreased (weakened). In the last year, the previous highest record reached Rp 14,685 per US dollar.

For the period January-June 2022, the Rupiah exchange rate in the spot market continued to strengthen, moving -0.64% compared to the condition a month ago, which was at Rp 14,555 per US dollar.

The current Rupiah exchange rate condition is contrary to most regional currencies that are strengthening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won weakened by 1.4 points (+0.11%) to KRW 1,256.2 per US dollar, the Japanese Yen weakened by 0.76 points (+0.57%), the Singapore Dollar weakened (+0.14%), the Euro weakened (+0.10%), and the Chinese Yuan weakened by 0.01 points (+0.15%).

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."