Bussman Journal : Indonesian Journal of Business and Management
Vol. 4 No. 3 (2024): Bussman Journal | September - Desember 2024

ANALISIS PENGARUH EKSPOR, FOREIGN DIRECT INVESTMENT DAN INFLASI TERHADAP CADANGAN DEVISA DI NEGARA ASEAN DALAM PERSPEKTIF EKONOMI ISLAM

Purwanti, Epi (Unknown)
Iqbal, Muhammad (Unknown)
Fasa, Muhammad Iqbal (Unknown)



Article Info

Publish Date
12 Dec 2024

Abstract

Foreign Exchange Reserves are all foreign assets controlled by the monetary authority and can be used at any time for international transactions or payments. This research aims to determine the influence of exports, foreign direct investment and inflation on foreign exchange reserves in seven ASEAN countries in 2013-2022 from an Islamic economic perspective. This research uses descriptive quantitative methods with panel data regression analysis. Panel data is data consisting of time series and cross section data. The analysis tool is eviews 10. The data in this research was obtained from literature studies, namely ASEAN Statistics-Yearbook-2023 and from the World Bank. The research sample was seven ASEAN countries taken from several ASEAN countries. The research results show that the variables export, foreign direct investment and inflation together (simultaneously) have a significant influence on foreign exchange reserves in seven ASEAN countries in 2013-2022. Meanwhile, partially the export variable has a positive and significant effect on foreign exchange reserves in seven ASEAN countries, the foreign direct investment variable has a negative and insignificant effect on foreign exchange reserves in seven ASEAN countries, while the inflation variable has a negative and significant effect on foreign exchange reserves in seven ASEAN countries. Every government action related to the people is always related to their benefit

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Journal Info

Abbrev

home

Publisher

Subject

Economics, Econometrics & Finance

Description

Bussman Journal: Indonesian Journal of Business and Management is a multidisciplinary Open Access Journal that strives for inclusivity and global reach. The broad scope of the Journal creates a perfect environment to foster connections between researchers across all areas of Business & Management ...