Rupiah Strengthens to 15,688.5 per US Dollar (Tuesday, November 8, 2022)

The Indonesian Rupiah exchange rate in the spot market today until 13:12 WIB (Western Indonesian Time) is traded at 15,688.5 per US dollar, data as of Tuesday, November 8, 2022. This exchange rate strengthened by 0.11% compared to the previous day's closing, which was traded at 15,705 per US dollar. The daily exchange rate movement is expected to be in the range of 15,662.5 - 15,727.5.

As shown on investing.com, the Rupiah exchange rate in the spot market has been under pressure, weakening by 0.6% in a week. Compared to 30 days earlier, the Rupiah exchange rate in the spot market has weakened by 2.91%.

However, for the one-year data range, the Rupiah exchange rate in the spot market has actually experienced a decrease (strengthened). The previous highest record reached 15,740 per US dollar.

The Rupiah exchange rate in the spot market reached its lowest point at 14,255 per US dollar on Thursday, February 17, 2022. The highest point this year was around 15,740 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 strengthened by 8.78 points (-0.63%) to KRW 1,384.64 per US dollar. Following this, the Japanese Yen weakened by 0.05 points (+0.03%), the Singapore Dollar weakened (+0.20%), the Euro weakened (+0.18%), and the Chinese Yuan weakened by 0.03 points (+0.35%).