Rupiah Opens Weaker at Rp 14,185/US$ (Tuesday, May 23)
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The Indonesian Rupiah opened weaker at Rp 14,185/US$ in Tuesday's, May 23rd, trading. Quoting Bloomberg, several Asian currencies also weakened.
The sharpest declines were seen in the Chinese Yuan and Singapore Dollar, both down 0.1%. The Philippine Peso fell 0.05% and the Japanese Yen 0.02%.
Meanwhile, the South Korean Won strengthened by 0.45%, the Indian Rupee by 0.22%, and the Taiwanese Dollar by 0.7%. The Malaysian Ringgit gained 0.06% and the Hong Kong Dollar 0.01%.
"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."
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