Indonesian Rupiah Exchange Rate Weakens to 14,892.5 per US Dollar (Saturday, August 6, 2022)

As of 1:40 PM WIB today, Saturday, August 6, 2022, the rupiah exchange rate in the spot market is traded at 14,892.5 per US dollar. This represents a 0.02% weakening compared to the previous day's closing rate of 14,890 per US dollar. The daily exchange rate is expected to range between 14,885 and 14,932.5.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.42% in the past week. However, compared to the previous 30 days, the rupiah exchange rate in the spot market has strengthened by 0.3%.

Nevertheless, over the past year, the rupiah exchange rate in the spot market has actually experienced a decline (strengthening). The previous highest record reached 15,030 per US dollar.

The rupiah exchange rate in the spot market reached its lowest point of 14,255 per US dollar on Thursday, February 17, 2022. The highest point this year was around 15,030 per US dollar.

The current rupiah exchange rate follows the trend of most regional currencies, which are weakening against the US dollar.

This afternoon, according to Bank Indonesia's monitoring of several major currencies, the South Korean won weakened by 1.32 points (+0.10%) to KRW 1,303.69 per US dollar; the Japanese yen weakened by 2.13 points (+1.61%); the Singapore dollar weakened by 0.01 points (+0.40%); the euro weakened by 0.01 points (+0.63%); and the Chinese yuan weakened by 0.02 points (+0.26%).