EQUILIBRIUM DAN DISEQUILIBRIUM EXCHANGE RATE: CASE OF RUPIAH EXCHANGE RATE

Agus Budi, Santosa EQUILIBRIUM DAN DISEQUILIBRIUM EXCHANGE RATE: CASE OF RUPIAH EXCHANGE RATE. International Journal of Economics and Financial, 7 (2). pp. 81-85. ISSN 2146-4138

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Abstract

Ths anide would analyic the deemiination of Rupiah csihangc raie by using equilibrium and discquihbnum concepts. This analysis became important for policy maker because disequilibrium reflected dÑortion iosards relati%e price related to domestic policies. The research results showed that Rupiah exchange raie was in disequilibrium condition. Theconclusion was based on Indonesia Hank policies that conducted mtcrsention through some regulations by emerging Lndoncsia Bank regulations and conducting intervention on iweign exchange market, both in demand and supply. The Indonesia Hank policies aimed to siabili,e Rupiah exchange laie that led to equilibnwn exchange raie. The research resnits also shoned purchasing power panty did not applied in short term. It indicaied market ineðiciency and led lo price rigidity in commodity market The price rigidity caused price adjustment did no wodi As a result market ssas in disequilibrium condition. Keywords: Equdibrium. Disequilibrium. Intervention. Purchasmg Power Parity. Price Rigidity

Item Type:	Article
Subjects:	H Social Sciences > H Social Sciences (General) H Social Sciences > HC Economic History and Conditions
Faculty / Institution:	Fakultas Ekonomika dan Bisnis
Depositing User:	Fakultas Ekonomi
Date Deposited:	21 Apr 2020 03:04
Last Modified:	21 Apr 2020 03:04
URI:	https://eprints.unisbank.ac.id/id/eprint/6458

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