Indonesian Rupiah Exchange Rate Weakens to Rp 15,194 per US Dollar (Thursday, October 6, 2022)

As of 10:43 WIB this morning, October 6, 2022, the rupiah exchange rate in the spot market is traded at Rp 15,194 per US dollar. This represents a 0.01% weakening compared to the previous day's closing rate of Rp 15,193 per US dollar. The daily exchange rate is expected to range between 15186.5 and 15207.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.44% in the past week. However, compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 2.38%.

Nevertheless, over the past year, the rupiah exchange rate in the spot market has actually strengthened. The previous highest record in the last year reached Rp 15,300 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 15,300 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 13.98 points (-0.99%) to KRW 1,403.16 per US dollar. The Japanese yen strengthened by 0.04 points (-0.03%), the Singapore dollar strengthened by 0.0034 points (-0.24%), the euro strengthened by 0.0035 points (-0.35%), and the Chinese yuan strengthened by 0.0376 points (-0.53%).