Cakrawala : Management Science Journal
Vol. 1 No. 2 (2024): Cakrawala : Management Science Journal - September

The Impact Of Money Supply, Interest Rates, And Exchange Rates On Inflation In Indonesia

Syafira, Maharani Intan (Unknown)
Septiani, Andini (Unknown)
Septiana, Gina (Unknown)



Article Info

Publish Date
30 Sep 2024

Abstract

The purpose of this study is to collect empirical data on the relative and simultaneous effects of money supply, interest rates, and exchange rates on inflation in Indonesia. The websites www.bps.go.id and www.bi.go.id, which provide access to Bank Indonesia, provide the data used in this study. Data on Indonesia's money supply, interest rates, and exchange rates for 2019-2023 were also used, along with data on Indonesia's inflation rate. The data collection methods used were observation and literature study. Multiple Linear Regression Analysis is the data analysis approach used in this study, which utilizes descriptive statistics with the IBM SPPS Statistics 25 tool. The findings of this study indicate that there is no positive significant effect on inflation caused by money supply and a positive significant effect of interest rates and currency exchange rates on Indonesian inflation. These findings can be used as a consideration in monetary policy in Indonesia. The government and Bank Indonesia should consider interest rates and exchange rates when formulating monetary policy to balance inflation and economic growth

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Journal Info

Abbrev

cakrawala

Publisher

Subject

Economics, Econometrics & Finance

Description

Cakrawala: Management Science Journal is a publication that contains scientific articles related to management science. This journal is used by researchers, academics, health practitioners, and students in accessing and sharing the latest knowledge and findings in the field of management science ...