The Influence of Inflation, Foreign Investment and Receipt of Remittances on the Rupiah Exchange Rate in 2014 – 2018

Authors

  • Asro Waruwu Universitas Negeri Medan
  • Mutiara Rengganis Universitas Negeri Medan
  • Khairani Alawiyah Matondang Universitas Negeri Medan

DOI:

https://doi.org/10.55927/ijar.v2i7.4540

Keywords:

Inflation, Foreign Investment, Remittances, Exchange Rates

Abstract

The purpose of this study was conducted to determine the effect of inflation, foreign investment, and remittances on the rupiah exchange rate in 2014 - 2018. This type of research is a quantitative approach where this data is of secondary data type in the form of time series. This data is taken from BPS and Bank Indonesia websites. This research method is multiple regression with the OLS model assisted by processing with the Eviews application. The results showed that inflation with the rupiah exchange rate was negatively related, where if inflation increased, the rupiah exchange rate weakened and vice versa, foreign investment did not have a significant effect on the exchange rate and remittances had a significant effect on the exchange rate.

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References

Abdillah, Iqbal, dkk. 2005. Analisis faktor – faktor yang mmepengaruhi fluktuasi nilai tukar. Jurnal Ekonomi. Volume 3 Halaman 3 – 8

Andriani, Guesty. Analisis Penanaman Modal Asing di Indonesia dan faktor – faktor yang mempengaruhinya , Yogyakarta : fakultas ekonomi UIN Yoyakarta, 2018

Ansofino.Et.Al.,Buku ajar ekonometrika, Yogyakarta: Deepublish,2016

https://www.freedomsiana.id/pengertian-inflasi-ciir-jenis-dampak-dan-mengatasi/#ciri-ciri_inflasi

https://www.kajianpustaak.co,/2020/10/penanaman-modal-asing-PMA.html?m=1

https://www/ocbcnisp.com/id/article/2022/12/28/faktor-yang-mempengaruhi-kurs-valuta-asing

Saputra, Kurniawan. Analisis faktor – faktor yang mempengaruhi inflasi di Indonesia 2007 – 2012. Semarang : Fakultas Ekonomi dan Bisnis Universitas Diponegoro, Semarang, 2013

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Published

2023-07-18

How to Cite

Waruwu, A., Rengganis, M. ., & Matondang, K. A. (2023). The Influence of Inflation, Foreign Investment and Receipt of Remittances on the Rupiah Exchange Rate in 2014 – 2018. Indonesian Journal of Advanced Research, 2(7), 847–856. https://doi.org/10.55927/ijar.v2i7.4540

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Section

Articles