COMSERVA: Jurnal Penelitian dan Pengabdian Masyarakat
Vol. 2 No. 4 (2022): COMSERVA: Jurnal Penelitian dan Pengabdian Masyarakat

Peran Ekspor, Nilai Tukar dan Suku Bunga Terhadap Jumlah Cadangan Devisa di Indonesia

Baihaqi Alfathony baihaqi (a:1:{s:5:"en_US"
s:40:"Ekonomi Pembangunan FEB UPNVJ, Indonesia"
})

Fachru Nofrian fachru (Ekonomi Pembangunan FEB UPNVJ, Indonesia)



Article Info

Publish Date
31 Aug 2022

Abstract

The limited amount of foreign exchange reserves owned by Indonesia is still one of the problems faced today. Foreign exchange reserves will also continue to change due to macroeconomic factors such as exports, exchange rates and interest rates. This study aims to determine the role of exports, exchange rates and interest rates on the amount of foreign exchange reserves in Indonesia. This research uses multiple linear regression with the Ordinary Least Square (OLS) method and quantitative descriptive analysis. The data used is secondary data with time series from 1988-2020 with a total of 33 observations. The data is processed using eviews 10 software. The results of this study indicate that partially (1) exports have a significant positive effect on the amount of foreign exchange reserves in Indonesia (2) the exchange rate has a significant positive effect on the amount of foreign exchange reserves in Indonesia (3) the interest rate has a significant negative effect on the amount of foreign exchange reserves in Indonesia, while simultaneously or simultaneously exports, exchange rates and interest rates affect the amount of foreign exchange reserves in Indonesia.

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Journal Info

Abbrev

comserva

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Industrial & Manufacturing Engineering Social Sciences

Description

The mission of COMSERVA : Indonesian Jurnal of Community Services and Devleopment as the result of community services activities. The activities are including the implementation of science development and applied technology to empower society and realize sustainable development. The journal ...