Indonesian Rupiah Strengthens to Rp 14,848 per US Dollar (Friday, September 9, 2022)

As of 10:43 WIB this Friday, September 9, 2022, the rupiah exchange rate in the spot market is traded at Rp 14,848 per US dollar. This represents a 0.39% strengthening compared to the previous day's closing rate of Rp 14,906 per US dollar. For the daily movement, the rupiah is expected to trade within the range of 14,837.5 - 14,897.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.22% in the past week. Compared to 30 days ago, the rupiah exchange rate in the spot market has strengthened by 0.29%.

However, over the past year, the rupiah exchange rate in the spot market has actually weakened (strengthened). The previous highest record in the last year reached Rp 15,030 per US dollar.

The rupiah exchange rate in the spot market reached its lowest point at Rp 14,255 per US dollar on Thursday, February 17, 2022. The highest point this year was around Rp 15,030 per US dollar.

The current condition of the rupiah exchange rate contrasts with most regional currencies, which are strengthening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won strengthened by 8.62 points (-0.62%) to KRW 1,376.26 per US dollar. The Japanese yen strengthened by 0.93 points (-0.64%), the Singapore dollar strengthened by 0.0062 points (-0.44%), the euro strengthened by 0.007 points (-0.69%), and the Chinese yuan strengthened by 0.0185 points (-0.27%).