Indonesian Rupiah Strengthens to Rp 14,315 per US Dollar (Friday, March 11, 2022)

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Agus Dwi Darmawan 11/03/2022 10:54 WIB

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For the January-March 2022 period, the rupiah exchange rate in the spot market continued to strengthen, moving -0.49% compared to the previous month's level of Rp 14... (The sentence is incomplete; R

Indonesian Rupiah Exchange Rate Movement in the Spot Market for the Last 14 Days (Friday, March 11, 2022)

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Indonesian Rupiah Strengthens to Rp 14,315 per US Dollar (Friday, March 11, 2022)

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Indonesian Rupiah Exchange Rate Movement in the Spot Market for the Last 14 Days (Friday, March 11, 2022)

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As of 10:23 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 14,315 per US dollar on Friday, March 11, 2022. This exchange rate strengthened by -0.21% compared to the previous day's closing, which was traded at Rp 14,345 per US dollar. The daily exchange rate movement is expected to be in the range of 14,280 - 14,317.5.

According to investing.com, the rupiah exchange rate in the spot market has increased by -0.14% in a week. Compared to 30 days ago, the rupiah exchange rate in the spot market has strengthened by -0.49%.

However, for a one-year data range, the rupiah exchange rate in the spot market has actually decreased (strengthened). The previous highest record reached Rp 14,600 per US dollar.

For the January-March 2022 period, the rupiah exchange rate in the spot market continued to strengthen, moving -0.49% compared to the condition a month ago, which was at Rp 14,385 per US dollar.

The current rupiah exchange rate follows most regional currencies that are strengthening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won weakened by 5.54 points (+0.45%) to KRW 1,234.25 per US dollar, the Japanese yen weakened by 0.19 points (+0.16%), the Singapore dollar weakened (+0.03%), the euro strengthened by -0.0006 points (-0.07%), and the Chinese yuan weakened by 0.01 points (+0.14%).

"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."