Rupiah Strengthens to 15,560 per US Dollar (Thursday, October 27, 2022)

The Indonesian Rupiah exchange rate in the spot market today until 13:11 WIB (Western Indonesian Time) is traded at 15,560 per US dollar, data as of Thursday, October 27, 2022. This exchange rate strengthened by 0.06% compared to the previous day's closing, which was traded at 15,569 per US dollar. The daily exchange rate movement is expected to be in the range of 15,540 - 15,587.5.

As shown on investing.com, the Rupiah exchange rate in the spot market has been pressured down by 0.42% in a week. Compared to 30 days earlier, the Rupiah exchange rate in the spot market has been pressured down by 3.77%.

However, for a one-year data range, the exchange rate of the Rupiah in the spot market has actually decreased (strengthened). The previous highest record reached the level of 15,630 per US dollar.

For the period January-October 2022, the Rupiah exchange rate in the spot market has weakened further, moving 9.09% compared to the beginning of the year, which was at the level of 14,264 per US dollar.

The current 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 5.34 points (+0.38%) to KRW 1,418.19 per US dollar, the Japanese Yen strengthened by 1 point (-0.69%), the Singapore Dollar strengthened by 0.0002 points (-0.02%), the Euro weakened (+0.10%), and the Chinese Yuan weakened by 0.03 points (+0.47%).