Open AccessPENGARUH DINAMIKA PENAWARAN DAN PERMINTAAN VALAS
Author(s) -
Sugeng Sugeng,
M. Noor Nugroho,
Ibrahim Ibrahim,
Yanfitri Yanfitri
Publication year - 2010
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.505
H-Index - 4
ISSN - 1410-8046
DOI - 10.21098/bemp.v12i3.245
Subject(s) - exchange rate , depreciation (economics) , foreign exchange market , economics , inflation (cosmology) , monetary economics , foreign exchange , supply and demand , effective exchange rate , macroeconomics , microeconomics , physics , capital formation , financial capital , theoretical physics , profit (economics)
This study examines the influence of forex demand and supply interaction on Rupiah's exchange rate. Estimation results show that the movement of rupiah is influenced by the forex supply and demand, where the foreign players are dominating. Furthermore, the demand and supply of foreign exchange is asymmetric.This paper also shows the impact of exchange rate movements on output is only in the short term with a more significant influence to the import, while the depreciation of Rupiah has a larger impact than its appreciation.Keywords:Foreign exchange, inflation, exchange rate.JEL Classification: E31, F31