Indonesian Rupiah Exchange Rate Weakens to 14,952.5 per US Dollar (Saturday, September 17, 2022)

As of 1:11 PM WIB today, Saturday, September 17, 2022, the rupiah exchange rate in the spot market is traded at 14,952.5 per US dollar. This rate is 0.02% weaker than the previous day's closing rate of 14,950 per US dollar. Today's trading of the rupiah exchange rate is expected to range from 14,897.5 to 14,962.5.

According to investing.com, the rupiah exchange rate in the spot market has been under pressure, weakening by 0.84% in the past week. Compared to 30 days ago, the rupiah exchange rate in the spot market has weakened by 0.55%.

However, for the year-to-date period, the rupiah exchange rate in the spot market has actually strengthened. The previous highest record reached 15,030 per US dollar.

For the period January-September 2022, the rupiah exchange rate in the spot market has weakened by 4.83% compared to the beginning of the year, which was at 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 strengthened by 12.51 points (-0.89%) to KRW 1,385.99 per US dollar, the Japanese yen strengthened by 0.58 points (-0.41%), the Singapore dollar strengthened by 0.0027 points (-0.19%), the euro strengthened by 0.0011 points (-0.11%), and the Chinese yuan strengthened by 0.0128 points (-0.18%).