The purpose of this study is to determine how the exchange rate (Kurs) affects the balance of payments in Indonesia. This study uses time series data from 1993-2023. The analysis technique used is Autoregressive Distributed Lag (ARDL). Based on the ARDL test, the exchange rate has a positive relationship and a significant effect on the balance of payments in the short term, while in the long term the exchange rate has a positive relationship but has no significant effect on the balance of payments. National income and interest rates have a negative relationship and have a significant effect on the balance of payments in the short term, while in the long term national income and interest rates have no significant effect but have a negative relationship on the balance of payments.
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