Rupiah Exchange Rate Strengthens to Rp 15,588 per US Dollar (Thursday, January 12, 2023)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market is traded at Rp 15,588 per US dollar on Thursday, January 12, 2023. This exchange rate is up 0% compared to the previous day's closing, which was traded at Rp 15,588 per US dollar. The daily exchange rate movement is expected to be in the range of 15,585 - 15,633 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has not changed (0%) in a week. Compared to 30 days ago, the rupiah exchange rate in the spot market has strengthened by 0.21%.

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 15,740 per US dollar.

For the period of January 2023, the rupiah exchange rate in the spot market continues to strengthen, moving 0.04% compared to the condition a month ago, which was at Rp 15,582 per US dollar.

The current rupiah exchange rate condition is contrary to 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 strengthened by 8.66 points (-0.68%) to KRW 1,270.86 per US dollar. Following this, the Japanese yen strengthened by 0.63 points (-0.48%), the Singapore dollar strengthened by 0.0063 points (-0.47%), the euro strengthened by 0.0052 points (-0.54%), and the Chinese yuan strengthened by 0.0348 points (-0.50%).