Indonesian Rupiah Exchange Rate Weakens to Rp 15,643 per US Dollar (Wednesday, November 2, 2022)

As of 10:44 WIB this morning, the rupiah exchange rate in the spot market was traded at Rp 15,643 per US dollar on Wednesday, November 2, 2022. This represents a 0.1% weakening compared to the previous day's closing rate of Rp 15,627 per US dollar. The daily exchange rate is expected to range between 15647.5 and 15690 per US dollar.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.14% in the past week. Compared to 30 days ago, the spot market rupiah exchange rate has weakened by 2.51%. Over the past year, the spot market rupiah exchange rate reached a high of Rp 15,630 per US dollar.

From January to November 2022, the rupiah exchange rate in the spot market has shown a weakening trend, moving 2.51% compared to the level of Rp 15,260 per US dollar a month ago.

The current rupiah exchange rate is contrary to 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 2.31 points (-0.16%) to KRW 1,421.65 per US dollar, the Japanese yen strengthened by 0.57 points (-0.39%), the Singapore dollar strengthened by 0.0001 points (-0.00%), the euro strengthened by 0.0004 points (-0.04%), and the Chinese yuan strengthened by 0.0185 points (-0.25%).