Indonesian Rupiah Weakens to Rp 15,944 per US Dollar (Tuesday, April 2, 2024)

Agus Dwi Darmawan 05/04/2024 11:02 WIB

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Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Tuesday, April 2, 2024)

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Indonesian Rupiah Weakens to Rp 15,944 per US Dollar (Tuesday, April 2, 2024)

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Indonesian Rupiah Exchange Rate Movement in the Spot Market Over the Last 14 Days (Tuesday, April 2, 2024)

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As of 10:32 WIB this morning, the Indonesian Rupiah (IDR) exchange rate in the spot market was traded at Rp 15,944 per US dollar on Tuesday, April 2, 2024. This represents a 0.37% weakening compared to the previous day's closing rate of Rp 15,885 per US dollar. The daily exchange rate is expected to range from Rp 15,868 to Rp 15,921.50 per US dollar.

According to investing.com, the Rupiah in the spot market has depreciated by 1.01% in the past week. Compared to 30 days ago, the spot market exchange rate has weakened by 1.68%. Over the past year, the highest point reached by the Rupiah in the spot market was Rp 15,935 per US dollar.

From January to April 2024, the Rupiah in the spot market has shown a weakening trend, moving 1.49% compared to the level of Rp 15,710 per US dollar a month ago.

The current Rupiah exchange rate follows the trend of most regional currencies, which are weakening against the US dollar.

This morning, according to Bank Indonesia's monitoring of several major currencies, the Rupiah strengthened by 17.6 points (-0.11%) to IDR 15,877.20 per US dollar.

"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."