Buletin Ekonomika Pembangunan
Vol 6, No 2 (2025): SEPTEMBER

The Influence of Macroeconomic Factors on the Exchange Rate

Nafisah, Tsinta Hayatin (Unknown)
Wahyuningsih, Diah (Unknown)



Article Info

Publish Date
30 Sep 2025

Abstract

The exchange rate is a relatively important economic indicator because it influences a country's economy. This study aims to analyze the influence of economic factors, including the inflation rate, money supply, and exports, on the rupiah exchange rate in the long and short term. This study uses monthly data from 2016 to 2021. The analysis tool used is the Error Correction Model. The results indicate that inflation and exports have a positive and significant impact on the rupiah exchange rate in both the long and short terms. Meanwhile, the money supply variable has a positive but insignificant effect on the rupiah exchange rate in the long and short term. Keywords: inflation, money supply, exports, exchange rate, error correction model

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Journal Info

Abbrev

bep

Publisher

Subject

Economics, Econometrics & Finance

Description

Buletin Ekonomika Pembangunan menyediakan para akademisi, mahasiswa dan peneliti untuk mempublikasikan artikel hasil penelitiannya. Ruang lingkup meliputi : 1. Ekonomi Pembangunan 2. Ekonomi Publik 3. Ekonomi Moneter dan Perbankan 4. Ekonomi Industri 5. ESDM 6. ESDA 7. Ekonomi Ketenagakerjaan 8. ...