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RUPIAH - JAKARTA. The Indonesian rupiah's exchange rate in the spot market continued to be under pressure until the end of trading today. On Monday (29/4), the spot rupiah closed at a level of Rp 16,255 per US dollar.
This resulted in the spot rupiah weakening by 0.28% compared to the closing on Friday (26/4) at Rp 16,210 per US dollar. Consequently, the spot rupiah became the currency with the deepest depreciation in Asia.
As of 3:00 PM local time, the movement of currencies in the region varied with a tendency to weaken. Wherein, the Thai baht was one level better than the rupiah after falling 0.2%.
Next, the South Korean won, which had already closed, corrected 0.19% and the Indian rupee, which was pressured 0.11%. Followed by the Malaysian ringgit, which slipped 0.09%.
Read Also: Weakest in Asia, Spot Rupiah Weakens to Rp 16,241 Per US Dollar This Afternoon (29/4)
Subsequently, the Philippine peso closed depreciated by 0.02% and the Chinese yuan weakened slightly by 0.003%.
Meanwhile, the Japanese yen became the currency with the largest appreciation in Asia after surging 1.73%. Followed by the Singapore dollar, which climbed 0.21%.
Then, the Taiwan dollar closed up 0.03% and the Hong Kong dollar strengthened slightly by 0.02% against the greenback.
