Indonesian Rupiah Exchange Rate Weakens to Rp 15,578 per US Dollar (Thursday, October 27, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,578 per US dollar on Thursday, October 27, 2022. This rate weakened by 0.05% compared to the previous day's closing, which was traded at Rp 15,569 per US dollar. The daily exchange rate is expected to range from 15,540 to 15,587.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.53% in the past week. Compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 3.88%.

However, for the one-year data range, the rupiah exchange rate in the spot market has actually strengthened. In the last year, the previous highest record reached Rp 15,630 per US dollar.

The rupiah exchange rate 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 15,630 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 9.2 points (+0.65%) to KRW 1,422.06 per US dollar, the Japanese yen strengthened by 0.21 points (-0.14%), the Singapore dollar weakened (+0.05%), the euro weakened (+0.12%), and the Chinese yuan weakened by 0.04 points (+0.58%).