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Tuesday, July 30, 2024, July 30, 2024 WIB
Economy

Rupiah Struggles as it Falls to IDR 16,319 per US Dollar

Rupiah Struggles as it Falls to IDR 16,319 per US Dollar



Langgam Pos - The Indonesian rupiah struggled to deliver a positive performance in trading on Tuesday, July 30, 2024. According to RTI Business data at 09:30 WIB, the Indonesian currency weakened by 48 points or -0.30%, bringing its exchange rate to IDR 16,319 per US dollar.

In a similar vein, the rupiah also faced challenges against major global currencies. The data reveals that the Garuda currency experienced declines against the Australian dollar (-0.21%), the euro (-0.25%), and the British pound (-0.20%).

When compared with Asian currencies, the rupiah's performance was equally disappointing. It showed a decline against seven Asian currencies and only saw a rise against one.
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The rupiah managed to show some strength against the Taiwan dollar with a 0.06% gain. However, it faced significant losses against the Chinese yuan (-0.18%), Hong Kong dollar (-0.24%), Japanese yen (-0.24%), South Korean won (-0.09%), Malaysian ringgit (-0.20%), Singapore dollar (-0.21%), and Thai baht (-0.15%).


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Tags: us-dollar, rupiah, index, weakening
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