Indonesian Rupiah Strengthens 0.7% or 98 Points Against the US Dollar (Friday, July 29, 2022)

Bank Indonesia closed the rupiah exchange rate at Rp 14,860 per US dollar on Friday, July 29, 2022. This represents a strengthening of 98 points or 0.7% from the previous day's trading.

Over the week, the rupiah fluctuated by 160 points. The US dollar traded in a range of Rp 15,020 per dollar at its highest and Rp 14,860 per dollar at its lowest.

Meanwhile, against several major currencies monitored by Bank Indonesia (BI), the rupiah weakened by 67.86 points against the Japanese yen, weakened by 0.06 points against the South Korean won, weakened by 51.49 points against the Australian dollar, weakened by 43.55 points against the euro, weakened by 12.36 points against the Singapore dollar, strengthened by 3.38 points against the Chinese yuan, and strengthened by 5.64 points against the Malaysian ringgit.