Rupiah Exchange Rate Strengthens to Rp 15,562 per US Dollar (Tuesday, January 3, 2023)

As of 10:43 WIB this morning, January 3, 2023, the rupiah exchange rate in the spot market was traded at Rp 15,562 per US dollar. This represents a 0.06% strengthening compared to the previous day's closing rate of Rp 15,572 per US dollar. The daily exchange rate is expected to range between 15555 and 15607.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.43% in the past week. Compared to the previous 30 days, the rupiah exchange rate in the spot market has strengthened by 1.13%.

However, over the past year, the rupiah exchange rate in the spot market has actually experienced a decline (weakening). The previous highest record in the last year reached Rp 15,740 per US dollar.

The rupiah exchange rate in the spot market reached a low of Rp 15,560 per US dollar on Tuesday, January 3, 2023. The highest point this year was around Rp 15,570 per US dollar.

The current 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 5.14 points (-0.41%) to KRW 1,265.11 per US dollar. The Japanese yen strengthened by 1.03 points (-0.79%), the Singapore dollar strengthened by 0.0039 points (-0.29%), the euro strengthened by 0.0009 points (-0.09%), and the Chinese yuan strengthened by 0.0453 points (-0.65%).