JAKARTA - The rupiah exchange rate on the spot market has finally returned to power at the end of trading today, Wednesday 9 September. The rupiah closed down 0.23 percent or 34 points to a level of Rp14,799 per US dollar (US).
Even though it was the weakest in the Asia Pacific region this afternoon, the rupiah managed to cut its weakness. This is because, throughout the day, the rupiah has stayed at over Rp. 14,800 per US dollar.
Until 15.00 WIB, currencies in the moving regions varied. In which the Indian rupee is now the currency with the highest strengthening after rising 0.14 percent.
Then, followed by the Singapore dollar which lifted 0.10 percent and the Thai baht which strengthened 0.07 percent against the US dollar.
Next there is the Japanese yen which has appreciated 0.04 percent. Followed by the Chinese yuan which strengthened 0.01 percent and the Hong Kong dollar which edged up 0.001 percent.
Meanwhile, the South Korean won was still one level better than the rupiah after closing down 0.21 percent against the US dollar. Next there is the Philippine peso and the Taiwan dollar, which fell 0.19 percent and 0.13 percent, respectively.
Meanwhile, the currency of neighboring countries, the Malaysian ringgit has depreciated 0.08 percent by this afternoon.
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