Indonesian Rupiah Weakens to Rp 15,633 per US Dollar (Monday, December 26, 2022)

As of 10:44 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,633 per US dollar on Monday, December 26, 2022. This represents a 0.26% weakening compared to the previous day's closing rate of Rp 15,592 per US dollar. The daily exchange rate is expected to range between 15,592.5 and 15,635 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.22% in the past week. However, compared to the previous 30 days, the rupiah in the spot market has strengthened by 0.49%.

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

The current condition of the rupiah exchange rate contrasts with 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 3.83 points (-0.30%) to KRW 1,276.42 per US dollar, the Japanese yen strengthened by 0.31 points (-0.24%), the Singapore dollar weakened (+0.02%), the euro strengthened by 0.0003 points (-0.04%), and the Chinese yuan strengthened by 0.016 points (-0.23%).