Rupiah Weakens Again to Rp 14,960/US$ (Monday, May 4)

Economics & Macro

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Dwi Hadya Jayani 04/05/2020 09:24 WIB

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Several Asian currencies also weakened earlier this week.

Indonesian Rupiah Exchange Rate against the US Dollar (April 27 - May 4, 2020)

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Rupiah Weakens Again to Rp 14,960/US$ (Monday, May 4)

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Indonesian Rupiah Exchange Rate against the US Dollar (April 27 - May 4, 2020)

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After falling below US$15,000, today (May 4th) the Indonesian Rupiah weakened to Rp 14,960/US$. Citing Bloomberg, several Asian currencies also weakened. Some of these include the Malaysian Ringgit (1%), the South Korean Won (0.52%), and the Taiwanese Dollar (0.41%).

Meanwhile, currencies that strengthened include the Indian Rupee (0.76%), the Chinese Yuan (0.19%), and the Philippine Peso (0.06%).

Editor : Safrezi Fitra

"Disclosure: This is an AI-generated translation of the original article. We strive for accuracy, but please note that automated translations may contain errors or slight inconsistencies."