Jakarta, duniafintech.com – Dollar to rupee exchange rate today has the potential to weaken due to a number of sentiments although the rupee closed higher after the BPS announcement on Thursday (15/9/2022) trading yesterday.
based on data BloombergThe exchange rate of the dollar against the rupee closed up 10.00 points, or 0.07 percent, today, to stop at 14,897.50 rupees per dollar.
It was also observed that the US dollar index at 15.00 WIB along with the strengthening of the rupee strengthened by 0.06 percent to the level of 109.7280.
In addition to the rupee, the Hong Kong dollar also rose by 0.03 percent, and the Singapore dollar strengthened 0.01 percent against the US dollar yesterday.
On the other hand, the majority of other listed currencies declined in today’s trading, led by the Thai baht, which fell by 0.41 percent against the US dollar.
Then the Japanese yen fell in today’s trading by 0.32 percent, the South Korean won fell by 0.21 percent, the Indian rupee fell by 0.18 percent, and the Chinese yuan fell by 0.14 percent against the US dollar.
Meanwhile, based on data published by Bank Indonesia, today’s Jisdor reference rate is at Rs 14,899.00 per US dollar, 24 pips or 0.16% higher than Wednesday’s position of Rs 14,923.00 (14/9/2022). dollar
On the other hand, today’s dollar to rupee exchange rate reference can be followed by customers who want to exchange foreign currencies or foreign currencies.
Dollar to rupee exchange rate today
Via the bank’s official website BCAThere are many dollar to rupee exchange rates prevailing, TT counters, electronic rates, and bank notes that customers can get.
Check the recorded dollar to rupee exchange rate from BCA website (updated 08.02 WIB as of Tuesday 16th Sep 2022) or today, here is the review:
Rupee exchange rate electronic price:
- The purchase price is IDR 14,934.00 per US dollar
- Selling price 14,954.00 Indonesian rupiah per US dollar
TT counter for dollar exchange rate:
- The purchase price is IDR 14,794.00 per US dollar
- Selling Price 15,094.00 Indonesian Rupiah per US Dollar
Dollar exchange rate for banknotes:
- Purchase price 14754.00 Indonesian rupiah per US dollar
- Selling Price 15,054.00 Indonesian Rupiah per US Dollar
The things you need to understand
For your information, there are differences in rupee dollar rate with TT counter rate, e rate and banknote exchange rate.
The use of the exchange rate of the rupee corresponding to the rupee is only valid when customers make a deposit or transfer through bank counters.
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The dollar-to-e-rupee exchange rate is the exchange rate that applies if the customer makes a transaction with an equivalent nominal value above $25,000.
BCA urges customers to contact the nearest branch first.
Meanwhile, rupee exchange rate is applied to banknotes when customers transfer their money directly through the bank desk.
The exchange rate is valid only from the point of view of the bank. The purchase price is used when the bank buys dollars from the customer, while the sale price is used when the bank sells dollars to the customer.
News about dollar to rupee exchange rate today
On the other hand, the exchange rate of the rupee against the US dollar is likely to weaken due to a number of sentiments although the rupee closed higher after the BPS announcement on Thursday (9/15-2022) yesterday.
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release Business.comPT Laba Forexindo Berjangka Director Ibrahim Askustumbi estimates that the rupee movement on Friday (15/9/2022) opened choppy but closed lower in the range of Rs 14,870 – Rs 14,930 per US dollar.
He said the dollar index strengthened ahead of next week’s Federal Reserve meeting and the postponement of the Bank of England meeting following the death of Queen Elizabeth II.
“Attention has now turned to the Fed meeting next week, as traders position the US central bank to be more robust next week to curb inflation after Tuesday’s hot CPI report,” Ibrahim wrote in his daily research.
Meanwhile, the Bank of England meeting originally scheduled for this session was later postponed to next week after the death of Queen Elizabeth II, sending UK consumer confidence into negative territory for the first time since the pandemic shutdown in mid-2020.
Market research firm YouGov reported that sentiment readings fell 4.2 points to 98.8 in August. Meanwhile, domestically, he said, Indonesia’s trade balance again recorded a surplus in August 2022.
The Central Bureau of Statistics (BPS) indicated that there was a gain in the trade balance of goods in the month under review amounting to 5.76 billion US dollars.
The surplus in July 2022 was driven by the value of exports which was higher than the value of imports. He explained that the value of exports in August 2022 amounted to 27.91 billion dollars, while imports recorded 22.15 billion dollars.
In addition, Bank Indonesia (BI) announced Indonesia’s external debt position (ULN) of $400.4 billion as of July 2022, down from the previous month’s position (million metric tons) of $403.6 billion.
On an annual basis, the external debt position in July 2022 contracted by 4.1 percent on an annual basis, which is deeper than the previous month’s contraction of 3.2 percent on an annual basis.
Ibrahim said that the decline in the external debt occurred in both the external debt of the public sector (the government and the central bank) and the private sector. The government’s external debt position was recorded in July 2022 at $185.6 billion, a contraction of 9.9 percent year on year, which is deeper than the previous month’s contraction of 8.6 percent year on year.
This is the dollar to rupee exchange rate review today. We hope it is useful.
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Author: Contributor / Shuhada Banji A