BI: the Weakening of Rupiah Due to External Factors

Bank Indonesia for the current year recorded that the rupiah exchange rate up to October 19, 2022 had depreciated by 8 point 0-3 percent.

IDXChannel- Bank Indonesia for the current year recorded that the rupiah exchange rate up to October 19, 2022 had depreciated by 8 point 0-3 percent. Bank Indonesia said the weakening of the rupiah was due to pressure on the strengthening of the dollar, but they ensured that the rupiah was still better than other Asian countries.