RUPIAH - JAKARTA. The rupiah exchange rate in the spot market was under pressure until the end of trading at the beginning of this week. On Monday (26/2), the spot rupiah closed at the level of Rp 15,630 per US dollar.
This caused the rupiah to weaken by 0.21% compared to the closing on Friday (23/2) at Rp 15,598 per US dollar.
Until 15.00 WIB, the movement of currencies in the region tended to vary. Where, the Philippine peso became the currency with the deepest depreciation in Asia after closing down 0.31%.
Next, the Singapore dollar which was under pressure by 0.08% and the Chinese yuan which slipped 0.03%. Followed by, the South Korean won which has already closed slightly weaker by 0.007%.
Read Also: Indonesia's Economy Expected to Grow 5.3% - 5.6% in 2025
Meanwhile, the Thai baht became the currency with the largest appreciation in Asia after jumping 0.26%. Then there is the Indian rupee which rose 0.09%.
Then, the Japanese yen was seen climbing 0.03% and the Malaysian ringgit lifted 0.01%. Followed by, the Hong Kong dollar which weakened slightly by 0.001% against the greenback.
Next, the Taiwan dollar moved stable after closing at the same position as the end of last week.