Article Per Year (5 Year)
p-Index From 2021 - 2026
0.23
P-Index
This Author published in this journals
All Journal SOSIOEDUKASI : JURNAL ILMIAH ILMU PENDIDIKAN DAN SOSIAL
Kholilatul Khusni
Diponegoro University, Semarang City, Central Java, Indonesia
Education Social Sciences Other

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
NAVIGATING ECONOMIC TURBULENCE: EXCHANGE RATE VOLATILITY AND MACROECONOMIC RESILIENCE IN OPEN ECONOMIES Kholilatul Khusni; Opiefah Nurviliza
SOSIOEDUKASI Vol 14 No 2 (2025): SOSIOEDUKASI : JURNAL ILMIAH ILMU PENDIDIKAN DAN SOSIAL
Publisher : Fakultas Keguruan Dan Ilmu Pendidikan Universaitas PGRI Banyuwangi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.36526/sosioedukasi.v14i1.5771

Abstract

Exchange rate volatility significantly impacts developing countries' macroeconomic stability in the global economy. This study investigates the effects of exchange rate fluctuations on key macroeconomic indicators, focusing on Indonesia. Using a qualitative descriptive approach with secondary data from institutional sources and an OLS regression analysis, the research examines the challenges faced by developing nations. Findings reveal that exchange rate volatility substantially influences inflation, economic growth, foreign exchange reserves, and the balance of payments. The Indonesian case study (2013, 2018, and 2022–2023) demonstrates that external factors, particularly global monetary policy changes and geopolitical tensions, primarily drive exchange rate pressures. Short-term policy responses, including adjustments to the BI-7 Day Reverse Repo Rate and foreign exchange market interventions, have proven effective for immediate stability. However, long-term macroeconomic resilience necessitates comprehensive strategies such as economic diversification, institutional strengthening, and sustained policy coordination to mitigate the impacts of exchange rate volatility in developing countries.
Co-Authors Opiefah Nurviliza