The rupiah moves dynamically as a benchmark for tax settlement (purchase rate) against partner countries’ currencies which will take effect in the next week.
The tax rate for each US$1 is set at IDR14,441. The tax rate against the currency of Uncle Sam’s country was observed to have increased from last week’s position which was at Rp. 14,353 per United States (US) dollar.
On the other hand, the rupiah continued its strengthening trend against the Australian dollar. The tax exchange rate is at IDR 10,277.30 per Australian dollar for the next week. This figure fell significantly from last week’s position of Rp. 10,560.93 per Australian dollar.
The Malaysian ringgit is also still weakening against the rupiah. The tax exchange rate is set at IDR 3,313.82 per Malaysian ringgit, down from last week’s position which was recorded at IDR 3,353.35 per Malaysian ringgit.
Meanwhile, the tax exchange rate against the Merlion State currency is set at IDR 10,456.86 per Singapore dollar. The value of the tax rate fell from last week’s position of Rp. 10,510.72 per Singapore dollar.
The tax rate for every €1 for the next week is set at Rp15,293.07. The value of the tax exchange rate against the eurozone currency was recorded to have fallen significantly compared to last week’s position which was at Rp. 15,514.30 per euro.