THE INFLUENCE OF MACROECONOMIC INDICATOR ON CURRENCY EXCHANGE RATE (Study at Bank Indonesia Period of 2008-2015)
ABSTRACT: The purposes of this
research are to know and explain the influence of inflation, interest rate, and
international currency reserve as macroeconomic indicator on IDR exchange rate
either simultaneously or partially. Type of the research is explanatory research
with descriptive quantitative approach. Population of this research is all of
the data released by Bank Indonesia about inflation, interest rate, international
currency reserve, and IDR exchange rate.
Sample of this
research is monthly report
data from Bank
Indonesia about inflation, interest rate, international
currency reserve, and IDR exchange rate period of 2008-2015, with the total
sample are 96 of each variables. Data analysis technique used multiple linear
regression statistical analysis with the program of SPSS 21.0. Result of
simulant test (F test) and partial test (t test) show that inflation, interest
rate, and international currency reserve simultaneously and partially have
significant influence on IDR exchange rate.
Keyword: Macroeconomic
Indicator, Inflation, Interest Rate, International Currency Reserve, IDR Exchange
Rate
Author: Yohana Aprilia
Perwitasari
Journal Code: jpadministrasinegaragg160002
