Rupiah Exchange Rate Strengthens to Rp 14,863 per US Dollar (Tuesday, August 9, 2022)

As of 10:43 WIB this morning, August 9, 2022, the rupiah exchange rate in the spot market is traded at Rp 14,863 per US dollar. This represents a 0.1% strengthening compared to the previous day's closing rate of Rp 14,877 per US dollar. Today's trading is expected to range between 14,855 and 14,877.5.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.05% in the past week. Compared to 30 days ago, the rupiah exchange rate in the spot market has strengthened by 0.82%.

However, over the past year, the rupiah exchange rate in the spot market has actually decreased (weakened). 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 rupiah exchange rate follows the trend of most regional currencies that are weakening against the US dollar.

This morning, according to several major currencies monitored by Bank Indonesia, the South Korean won weakened by 5.66 points (+0.43%) to KRW 1,305.77 per US dollar, the Japanese yen strengthened by 0.07 points (-0.05%), the Singapore dollar weakened (+0.04%), the euro weakened (+0.04%), and the Chinese yuan weakened (+0.00%).