Indonesian Rupiah Weakens to Rp 14,476 per US Dollar (Wednesday, June 8, 2022)

Agus Dwi Darmawan 10/06/2022 11:57 WIB

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However, for a one-year data range, the rupiah exchange rate in the spot market has actually decreased (strengthened).

Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Wednesday, June 8, 2022)

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Indonesian Rupiah Weakens to Rp 14,476 per US Dollar (Wednesday, June 8, 2022)

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Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Wednesday, June 8, 2022)

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The Indonesian Rupiah exchange rate in the spot market today, as of 11:23 WIB, was traded at Rp 14,476 per US dollar on Wednesday, June 8, 2022. This rate weakened by 0.18% compared to the previous day's closing, which was traded at Rp 14,450 per US dollar. Today's trading of the Rupiah exchange rate is expected to move in the range of 14,530 - 14,587.5.

As shown on investing.com, the Rupiah exchange rate in the spot market has increased by 0.56% in a week. Compared to 30 days prior, the Rupiah exchange rate in the spot market has strengthened by 0.54%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually decreased (weakened). In the last year, the previous highest record reached Rp 14,685 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 14,685 per US dollar.

The current condition of the Rupiah exchange rate is contrary to most regional currencies that are strengthening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won weakened by 2.76 points (+0.22%) to KRW 1,267.15 per US dollar, the Japanese Yen strengthened by 0.26 points (-0.20%), the Singapore Dollar strengthened by 0.0017 points (-0.12%), the Euro strengthened by 0.0013 points (-0.14%), and the Chinese Yuan strengthened by 0.0036 points (-0.05%).

"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."