The Rupiah is Predicted to IDR 16,000 Level Per US Dollar Throughout the Rest of 2024

FOREX - JAKARTA. The Indonesian Rupiah is on a weakening trend. It is predicted that by the end of the year, the Rupiah will be in the range of IDR 16,000 per US dollar.

On Thursday (6/6), the Rupiah strengthened by 0.15% to IDR 16,263 per US dollar. However, the trend is still weakening and it even reached its lowest level at IDR 16,287 per US dollar on Wednesday (5/6).