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RUPIAH EXCHANGE RATE FLUCTUATION AND CURRENT ACCOUNT

Agus Budi, Santosa and Agung, Nusantara and Sri, Nawatmi RUPIAH EXCHANGE RATE FLUCTUATION AND CURRENT ACCOUNT. ICEBM 2017.

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Abstract

The Rupiah exchange rate is an economic variable which is very sensitive toward the changes in both economy and non-economy. The stability of Rupiah exchange rate has influenced macro economic variables like current account and finally influenced economic stabilities. Thus, it is interesting to make a research on it. The research would choose and analyze approach models of Rupiah exchange rate to USA dollar connected with current account.The Ordinary Least Square analysis model was used in this test in order to find the relation between independent variable and dependent variable. The result of the study showed that exchange rate variable influence significantly to current account.This conclusion was in accordance to elasticity approach with Marshall-Lerner condition. Another result showed that gross domestic product influenced current account significantly and this was also in accordance to Global Monetary Approach Balance of Payment with purchasing power parity concept

Item Type: Article
Subjects: H Social Sciences > HG Finance
H Social Sciences > HJ Public Finance
Faculty / Institution: UNSPECIFIED
Depositing User: Jati Sasongko Wibowo
Date Deposited: 25 Apr 2020 15:10
Last Modified: 25 Apr 2020 15:10
URI: https://eprints.unisbank.ac.id/id/eprint/6491

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