CD Skripsi
Pengaruh Nilai Tukar Rupiah, Inflasi Dan Pinjaman Luar Negeri Terhadap Cadangan Devisa Indonesia Tahun 2003-2017
This study purpose to determine the effect of Rupiah’s exchange rate, inflation, and foreign loans on Indonesia's foreign reserves during 2003 to 2017. The data used in this study are time series data from 2003-2017 sourced from Bank Indonesia and the Statistics Indonesia.
The method used to test the results of this study is multiple linear regression analysis using software Eviews 10. In this study the tests used were normality test, classic assumption test consisting of multicollinearity test, heterocedasticity test, and autocorrelation test. And statistical tests in the form of test coefficient of determination, F test, and t test.
The results of this study found that the Rupiah’s exchange rate has a negative and significant effect on foreign reserves with a regression coefficient is -13.71111. In addition, inflation does not affect foreign reserves. Meanwhile, foreign loans have a positive and significant effect on foreign reserves with a regression coefficient is 0.758065. And, the global crisis dummy has a positive and significant effect with a regression coefficient is 0.0095. The value of
is equal to 0.967320, which means that 96.73% of foreign reserves can be explained by the variable Rupiah’s exchange rate, inflation and foreign loans. While the remaining 3.27% is influenced by other variables not included in this study.
Keyword : Rupiah Exchange Rate, Inflation, Foreign Loans, Dummy Crisis, and Foreign Reserves
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