Indonesian Rupiah Weakens to Rp 14,320 per US Dollar (Monday, March 14, 2022)

Economics & Macro

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Agus Dwi Darmawan 14/03/2022 11:03 WIB

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For the January-March 2022 period, the rupiah exchange rate in the spot market continued to strengthen, moving up 0.43% compared to the previous month's level of Rp 14... (The sentence is incomplete;

Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Monday, March 14, 2022)

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Indonesian Rupiah Weakens to Rp 14,320 per US Dollar (Monday, March 14, 2022)

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Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Monday, March 14, 2022)

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The Indonesian Rupiah exchange rate in the spot market this morning until 10:23 WIB (Western Indonesian Time) was traded at Rp 14,320 per US dollar on Monday, March 14, 2022. This exchange rate weakened by 0.13% compared to the previous day's closing, which was traded at Rp 14,303 per US dollar. Today's trading of the Rupiah exchange rate is expected to move in the range of 14302.5 - 14322.5.

As shown on investing.com, the Rupiah exchange rate in the spot market has increased by -0.47% in a week. Compared to 30 days ago, the Rupiah exchange rate in the spot market has strengthened by -0.47%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually decreased (strengthened). In the last year, 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 -0.43% compared to the condition a month ago, which was at Rp 14,382 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 2.34 points (+0.19%) to KRW 1,239.45 per US dollar, the Japanese yen weakened by 0.56 points (+0.47%), the Singapore dollar weakened (+0.14%), the euro weakened (+0.03%), and the Chinese yuan weakened by 0.01 points (+0.08%).

"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."