Indonesian Rupiah Exchange Rate Weakens to 15,664 per US Dollar (Tuesday, December 13, 2022)

The Indonesian Rupiah exchange rate in the spot market today, as of 13:11 WIB, is traded at 15,664 per US dollar (data as of Tuesday, December 13, 2022). This exchange rate weakened by 0.25% compared to the previous day's closing, which was traded at 15,625 per US dollar. The daily exchange rate movement is expected to be in the range of 15,627.5 - 15,673.5.

According to investing.com, the Rupiah exchange rate in the spot market has been under pressure, weakening by 1.29% in a week. However, compared to 30 days ago, the Rupiah exchange rate in the spot market has strengthened by 0.2%.

Nevertheless, for the year-to-date period, the Rupiah exchange rate in the spot market has actually weakened (strengthened). The previous highest record reached 15,740 per US dollar.

For the January-December 2022 period, the Rupiah exchange rate in the spot market weakened further, moving 9.81% compared to the beginning of the year, which was at 14,264 per US dollar.

The current condition of the Rupiah exchange rate is contrary to most regional currencies that are strengthening against the US dollar.

This afternoon, according to several major currencies monitored by Bank Indonesia, the South Korean Won strengthened by 6.22 points (-0.48%) to KRW 1,300.85 per US dollar. Following this, the Japanese Yen strengthened by 0.09 points (-0.07%), the Singapore Dollar strengthened by 0.0007 points (-0.05%), the Euro strengthened by 0.001 points (-0.11%), and the Chinese Yuan strengthened by 0.0072 points (-0.10%).