Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)

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Analysis of Factors Affecting Indonesia's Foreign Exchange Reserves from 2001 to 2020

Authors
M. Wafdan Shobriyani1, Eni Setyowati1, *
1Faculty of Economics and Business, Muhammadiyah University of Surakarta, Surakarta, Indonesia
*Corresponding author. Email: es241@ums.ac.id
Corresponding Author
Eni Setyowati
Available Online 4 October 2023.
DOI
10.2991/978-94-6463-204-0_8How to use a DOI?
Keywords
Foreign Exchange Reserves; Exports; External Debt; Foreign Direct Investment; Exchange Rates; Real Interest Rate
Abstract

In this study, the impact of exports, foreign debt, FDI (foreign direct investment), currency rates, and real interest rates on Indonesia's foreign exchange reserves from 2001 to 2020 is to be determined and measured. Multiple linear regression is the methodology applied in this research. The study used Ordinary Least Square (OLS) method with the aid of a computer program called EViews 10. It used quantitative secondary data in time series for a period of 20 years, from 2001 to 2020, which gathered from paperwork provided by Bank Indonesia, BPS Indonesia, and the International Monetary Fund (IMF). This form of research is descriptive in nature. Foreign exchange reserves are the dependent variable in this study, while exports, foreign debt, FDI (foreign direct investment), exchange rates, and real interest rates are the independent factors.

Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
Series
Advances in Economics, Business and Management Research
Publication Date
4 October 2023
ISBN
10.2991/978-94-6463-204-0_8
ISSN
2352-5428
DOI
10.2991/978-94-6463-204-0_8How to use a DOI?
Copyright
© 2024 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - M. Wafdan Shobriyani
AU  - Eni Setyowati
PY  - 2023
DA  - 2023/10/04
TI  - Analysis of Factors Affecting Indonesia's Foreign Exchange Reserves from 2001 to 2020
BT  - Proceedings of the International Conference on Economics and Business Studies (ICOEBS-22-2)
PB  - Atlantis Press
SP  - 85
EP  - 100
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-204-0_8
DO  - 10.2991/978-94-6463-204-0_8
ID  - Shobriyani2023
ER  -