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The Indonesian Rupiah strengthened against the US dollar on Thursday, July 22, 2021. As reported in the Bank Indonesia (BI) daily publication, the Rupiah closed at Rp 14,508 per US$, or Rp 46 lower per US$ compared to the previous day. This indicates fluctuating movement towards its strongest position in recent days.
Over the past week, the Rupiah traded against the US dollar within a range of Rp 68 per US$. The highest transaction was at Rp 14,554 per US$, and the lowest at Rp 14,486 per US$.
Over the past month, the Rupiah traded against the US dollar with a wider price difference of Rp 342 per US$, with the lowest value at Rp 14,222 per US$.
Meanwhile, against other major currencies monitored by Bank Indonesia, the Rupiah weakened most significantly against the Japanese Yen over the past week, followed by the Kuwaiti Dinar, Saudi Riyal, US Dollar, and Hong Kong Dollar.
Over the past month, the Rupiah's performance was most negatively impacted against the Papua New Guinean Kina, followed by the Kuwaiti Dinar, US Dollar, Saudi Riyal, and Vietnamese Dong.
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