Indonesian Rupiah Exchange Rate Weakens to Rp 15,592 per US Dollar (Thursday, December 22, 2022)

As of 10:44 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,592 per US dollar on Thursday, December 22, 2022. This represents a 0.03% weakening compared to the previous day's closing rate of Rp 15,588 per US dollar. The daily exchange rate is expected to range between 15,565 and 15,595 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.02% in the past week. However, compared to 30 days ago, the rupiah in the spot market has strengthened by 0.43%.

Despite this, over the past year, the rupiah exchange rate in the spot market has actually weakened (strengthened). The previous highest record in the last year reached Rp 15,740 per US dollar.

For the period January-December 2022, the rupiah exchange rate in the spot market has strengthened, moving -0.59% compared to the level of Rp 15,685 per US dollar a month ago.

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 6.28 points (-0.49%) to KRW 1,274.15 per US dollar, the Japanese yen strengthened by 0.73 points (-0.55%), the Singapore dollar strengthened by 0.0034 points (-0.25%), the euro strengthened by 0.003 points (-0.31%), and the Chinese yuan strengthened by 0.0053 points (-0.08%).