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Jakarta: The rupiah exchange rate in this morning’s trading was observed to continue to weaken. This weakening followed the movement of the US dollar which also weakened.

Data-driven Yahoo FinanceOn Friday, September 29, 2023, the rupiah exchange rate opened at IDR 15,523 per USD, compared to IDR 15,514 per USD at the previous close.

However, fluctuating movements meant that the rupiah exchange rate quickly began to strengthen to Rp 15,484 per USD 1. The Rupiah weakened by 30 points, or the equivalent of 0.1934 percent.

Apart from this, the publication of data Bloomberg, the rupiah exchange rate is 15,491 IDR per USD. The rupee weakened by 28.50 points, equivalent to 0.18 percent.

 

The US dollar is under pressure

On the other hand, the US dollar exchange rate weakened at the end of trading on Thursday (Friday morning WIB). The U.S. Senate is moving forward with plans for a temporary funding deal that Republicans are expected to oppose.

Launch Chinathe dollar index which measures greenbacks against six other major currencies, it fell 0.41 percent to 106.2268 in late trading.

The US Congress faces midnight on Saturday to pass a new budget, but House Speaker Kevin McCarthy said there was still time to reach a deal.

At the end of trading in New York, the euro rose to $1.0553 from $1.0508 in the previous session, and the British pound rose to $1.2196 from $1.2137.


The US dollar bought 149.2380 Japanese yen, lower than 149.5950 Japanese yen in the previous session. The US dollar fell to 0.9162 Swiss francs from 0.9208 Swiss francs, and it fell to 1.3500 Canadian dollars from 1.3510 Canadian dollars. The US dollar fell to 10.9344 Swedish crowns from 11.0471 Swedish crowns.