CD Skripsi
Analisis Kausalitas Nilai Tukar Rupiah Dan Cadangan Devisa Di Indonesia Tahun 2015.1 - 2018.12
This study aims to determine whether there is a causal relationship between the rupiah exchange rate and foreign exchange reserves in 2015.1-2018.12. This study uses a type of secondary data sourced from the official website of Bank Indonesia in the publication of monthly reports.
In this study using a quantitative analysis method using the econometric model, namely by testing granger causality. This study uses the Eviews10 analysis tool.
From the results of the tests that have been carried out the results of stationarity tests show that the exchange rate and foreign exchange reserves are not stationary at the level, but the exchange rate data and foreign exchange reserves are stationary at the first difference level. Granger causality test results in lag 3 show there is a direct relationship between the rupiah exchange rate and foreign exchange reserves. Where changes in foreign exchange reserves will have an impact on changes in exchange rates for the next three months, this is based on the results of testing the probability value smaller than alpha, namely (0.0232
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