Rupiah Exchange Rate Strengthens to Rp 14,990 per US Dollar (Monday, July 25, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 14,990 per US dollar on Monday, July 25, 2022. This exchange rate strengthened by 0.18% compared to the previous day's closing, which was traded at Rp 15,018 per US dollar. The daily exchange rate movement is expected to be in the range of 14,997 - 15,025 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.02% in a week. Compared to 30 days prior, the rupiah exchange rate in the spot market has been pressured down by 1.22%.

However, for a one-year data range, the rupiah exchange rate in the spot market has actually experienced a decrease (strengthening). In the last year, the previous highest record reached Rp 15,030 per US dollar.

For the period January-July 2022, the rupiah exchange rate in the spot market experienced a weakening trend, moving 0.84% compared to the condition a month ago, which was at the level of Rp 14,865 per US dollar.

The current 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 2.67 points (+0.20%) to KRW 1,314.01 per US dollar. Following this, the Japanese yen strengthened by 0.03 points (-0.02%), the Singapore dollar strengthened by 0.0003 points (-0.02%), the euro strengthened by 0.0026 points (-0.26%), and the Chinese yuan weakened (+0.04%).