Indonesian Rupiah Strengthens to Rp 15,626 per US Dollar (Thursday, December 8, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,626 per US dollar on Thursday, December 8, 2022. This exchange rate strengthened by 0.08% compared to the previous day's closing, which was traded at Rp 15,637 per US dollar. The daily exchange rate is expected to range from 15,575 to 15,620.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has increased by 0.66% in a week. Compared to the previous 30 days, the rupiah exchange rate in the spot market has strengthened by 0.44%.

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 15,740 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 15,740 per US dollar.

The current rupiah exchange rate follows 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 strengthened by 12.17 points (-0.92%) to KRW 1,304.65 per US dollar. The Japanese yen strengthened by 0.75 points (-0.55%), the Singapore dollar strengthened by 0.0023 points (-0.17%), the euro strengthened by 0.0019 points (-0.20%), and the Chinese yuan strengthened by 0.0031 points (-0.04%).