The movement of the rupiah exchange rate (exchange rate) on Wednesday (23/6) is estimated to continue to weaken against the US dollar.

"The potential weakening of the rupiah exchange rate today returns to the range of 14,450 per US dollar with potential support at 14,400 per US dollar," said money market observer Ariston Tjendra in Jakarta.

Explained, the Governor of the US Central Bank emphasized that the US central bank will not be in a hurry to raise interest rates just because US inflation is currently high.

But on the other hand, Powell showed the strength of the economic recovery in the US, and this may have caused the US dollar to strengthen this morning.

From within the country, the upward trend in COVID-19 cases is still depressing the rupiah exchange rate.