Jurnal Ekonomi Bisnis Manajemen Prima
Vol. 6 No. 1 (2024): Jurnal Ekonomi Bisnis Manajemen Prima

Analisis Produk Domestik Bruto, Inflasi dan Tingkat Suku Bunga terhadap Nilai Tukar Rupiah di Indonesia

Astuty, Fuji (Unknown)
Nasution, Siti Aisyah (Unknown)
Siregar, Melinda (Unknown)
Damanik, Dennys Paulus Parlindungan (Unknown)



Article Info

Publish Date
22 Aug 2024

Abstract

The movement of the Rupiah exchange rate against the US Dollar always fluctuates and is very difficult to predict. For this reason, it is necessary to maintain the stability of the Rupiah exchange rate. This research aims to analyze the influence of gross domestic product, inflation, and interest rates on the Rupiah exchange rate. The type of data used in this research is secondary data in the form of time series data, with a research period of 2008 – 2023. Data was obtained from the Central Statistics Agency (BPS) and Bank Indonesia (BI). The estimation method used to analyze the model in this research is ordinary least squares (OLS) using the Error Correction Mechanism (ECM) model analysis technique with the help of the Eviews 9.0 program. The research results were obtained partially, that in the short term, the gross domestic product variable had a positive but not significant effect on the exchange rate in Indonesia. Meanwhile, in the short term, inflation and interest rate variables have a positive and significant effect on the exchange rate in Indonesia. Simultaneously, in the short term, the estimation results show that the variables of gross domestic product, inflation, and interest rates, and the Error Correction Term (ECT) can jointly influence the exchange rate variables in Indonesia. Meanwhile, the results of the coefficient of determination show that 87.37% of the variation in changes in exchange rate variables in Indonesia can be explained by the variables gross domestic product, inflation, and interest rates, while the remaining 12.63% is explained by other variables not examined in this research.

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Journal Info

Abbrev

JEBIM

Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Description

Jurnal Ekonomi Bisnis Manajemen Prima merupakan jurnal ilmiah online yang diterbitkan secara berkala oleh Fakultas Ekonomi Universitas Prima Indonesia dan teregistrasi oleh LIPI dengan SK ISSN 0005.2685984X/JI.3.1/SK.ISSN/2019.08 pada Agustus 2019. Jurnal Ekonomi Bisnis Manajemen Prima menerima ...