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Journal : International Journal of Economics Development Research (IJEDR)

The Influence of Macroeconomic News on Currency Exchange Rates in Indonesia 2018-2023 Pranoto, Darmansyah Hegi; Suherman, Ujang; Pranata, Rengga Madya
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 3 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i3.7822

Abstract

This study aims to explain the cause of the IDR exchange rate experiencing high fluctuations during 2018-2023 using monthly data. To determine whether macroeconomic news affects the IDR exchange rate, this study employs the Ordinary Least Square (OLS) model. In addition, this study aims to determine what macroeconomic news affects fluctuations in the IDR exchange rate. The main findings of the research results show that search interests related to macroeconomic news simultaneously affect the IDR exchange rate, but partially six of the eleven search interests related to macroeconomic news affect exchange rate fluctuations. In addition, the mean value which is greater than the median value on the dependent variable indicates that during the study period the IDR exchange rate tended to depreciate against the USD. Studies like this are still rare in Indonesia, making this research a valuable addition to financial management education. The researcher hopes that it can be developed further with other search interests that can affect and predict the movement of the IDR exchange rate.
The Effect of Credit Risk on the Financial Stability of Rural Credit Banks in West Java: The Mediating Role of Profitability Rahadian, Zaidan; Suherman, Ujang; Pranata, Rengga Madya
International Journal of Economics Development Research (IJEDR) Vol. 6 No. 3 (2025): International Journal of Economics Development Research (IJEDR)
Publisher : Yayasan Riset dan Pengembangan Intelektual

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.37385/ijedr.v6i3.7900

Abstract

This study aims to analyze the impact of credit risk on the financial stability of People's Credit Banks (BPR) in West Java from 2019 to 2023, considering the mediating role of profitability. Employing a quantitative methodology with descriptive and verificative approaches, the research utilizes secondary data from annual financial reports of BPRs obtained from the Financial Services Authority (OJK). The sample comprises 94 BPRs, with data analysis conducted using panel data regression and the Sobel test. Descriptive analysis reveals significant variations in credit risk levels, profitability, and financial stability across BPRs. Regression results indicate that credit risk exerts a negative but statistically insignificant effect on financial stability, while profitability demonstrates a positive and significant influence. Mediation analysis via the Sobel test confirms that profitability does not mediate the relationship between credit risk and financial stability. Simultaneously, both variables collectively contribute to financial stability, though external factors outside the model also play a role in shaping outcomes. The study concludes that enhanced credit risk management and improved profitability can bolster the financial stability of BPRs. Recommendations include strengthening credit risk governance, optimizing operational efficiency, and ensuring adequate capital buffers to maintain financial resilience amid economic challenges.