Indonesian Rupiah Weakens to Rp 15,637 per US Dollar (Thursday, December 15, 2022)

As of 10:43 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,637 per US dollar on Thursday, December 15, 2022. This represents a 0.29% weakening compared to the previous day's closing rate of Rp 15,592 per US dollar. For daily fluctuations, the rupiah is expected to range between 15,590 and 15,641.5 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.01% in the past week. However, compared to 30 days ago, the rupiah in the spot market has strengthened by 0.34%.

Nevertheless, over the past year, the rupiah exchange rate in the spot market has actually decreased (strengthened). 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 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 4.47 points (+0.34%) to KRW 1,300.38 per US dollar, the Japanese yen weakened by 0.03 points (+0.03%), the Singapore dollar weakened (+0.15%), the euro weakened (+0.26%), and the Chinese yuan weakened by 0.02 points (+0.27%).