Indonesian Rupiah Exchange Rate Weakens to Rp 15,597 per US Dollar (Friday, October 21, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 15,597 per US dollar on Friday, October 21, 2022. This exchange rate weakened by 0.15% compared to the previous day's closing, which was traded at Rp 15,572 per US dollar. Today's trading of the rupiah exchange rate is expected to move in the range of 15572.5 - 15597.

As shown on investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 1.54% in a week. Compared to 30 days earlier, the rupiah exchange rate in the spot market has weakened by 4.71%. Over the past year, the rupiah exchange rate in the spot market reached a high of Rp 15,570 per US dollar.

For the period January-October 2022, the rupiah exchange rate in the spot market has shown a weakening trend, moving 4.32% compared to the situation a month ago, which was at the level of Rp 14,950 per US dollar.

The current condition of the 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 7.21 points (+0.50%) to KRW 1,437.8 per US dollar, the Japanese yen weakened by 0.21 points (+0.14%), the Singapore dollar weakened (+0.19%), the euro weakened (+0.16%), and the Chinese yuan weakened by 0.01 points (+0.15%).