Indonesian Rupiah Strengthens to 14,906 per US Dollar (Thursday, September 8, 2022)

As of 1:11 PM WIB today, the rupiah exchange rate in the spot market is traded at 14,906 per US dollar, data as of Thursday, September 8, 2022. This exchange rate strengthened by 0.06% compared to the previous day's closing, which was traded at 14,915 per US dollar. Today's trading of the rupiah exchange rate is expected to move in the range of 14,897.5 - 14,917.5.

According to investing.com, the rupiah exchange rate in the spot market has been pressured down by 0.44% in a week. Compared to 30 days earlier, the rupiah exchange rate in the spot market has been pressured down by 0.24%.

However, for a one-year data range, the rupiah exchange rate in the spot market has actually experienced a decrease (strengthened). The previous highest record reached the level of 15,030 per US dollar.

For the period January-September 2022, the rupiah exchange rate in the spot market has weakened further, moving 4.5% compared to the beginning of the year, which was at the level of 14,264 per US dollar.

The current condition of the rupiah exchange rate follows most regional currencies that are weakening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean won weakened by 5.92 points (+0.43%) to KRW 1,380.53 per US dollar. Following this, the Japanese yen weakened by 0.01 points (+0.00%), the Singapore dollar weakened (+0.05%), the euro strengthened by 0.0004 points (-0.04%), and the Chinese yuan weakened by 0.01 points (+0.17%).