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COVID-19 Pandemic has occured from January 2020 until June 2021 and the pandemic affects Indonesia’s economy. Rupiah Indonesia- Dollar United States exchange rate (IDR/USD) has been changing value in January 2020 – June 2021 period. Factors that affecting exchange rate have to be analyzed because exchange rate has important effect on international trade, investment, and economic stability. The purposes of this research are to find factors that affecting IDR/USD exchange rate and also to find COVID-19 Pandemic significancy on value changing of IDR/USD exchange rate. This research used time series regression method with lag on it and also running autocorrelation and heteroscedasticity test. Research’s results show that Bank Indonesia interest rate, terms of trade, COVID-19 total cases are significant, meanwhile inflation rate is insignificant. Research’s results also show that Bank Indonesia interets rate and terms of trade give negative effect that led to appreciation of rupiah in terms of dollar. COVID-19 total cases give positive effect that led to depreciation of rupiah in term of dollar. The conclusion of this research are Bank Indonesia interest give the most significant effect on changing value of IDR/USD exchange rate and Bank Indonesia interest rate can be one of the instrument to protect IDR/USD exchange rate in this COVID-19 Pandemic..Ada Tabel
Call Number | Location | Available |
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13171 | PSB lt.2 - Karya Akhir | 1 |
Penerbit | Depok: Program Studi Ilmu Ekonomi Fakultas Ekonomi dan Bisnis UI 2021 |
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Edisi | - |
Subjek | Exchange rate Inflation Covid 19 |
ISBN/ISSN | - |
Klasifikasi | - |
Deskripsi Fisik | xiv, 39 p. ; diagr. ; 30 cm |
Info Detail Spesifik | - |
Other Version/Related | Tidak tersedia versi lain |
Lampiran Berkas | Tidak Ada Data |