Open AccessTHE INFLUENCE OF WORLD CPO PRICE ON REAL EXCHANGE RATE OF RUPIAH THROUGH THE CHANGES OF MONEY SUPPLY, INTEREST RATE AND INFLATION
Author(s) -
Rizky Amelia Zahrah Lubis,
Dede Ruslan,
Andri Zainal
Publication year - 2018
Publication title -
jcrs (journal of community research and service)
Language(s) - English
Resource type - Journals
eISSN - 2549-3434
pISSN - 2549-1849
DOI - 10.24114/jcrs.v2i1.9436
Subject(s) - economics , exchange rate , inflation (cosmology) , money supply , interest rate , econometrics , price level , value (mathematics) , monetary economics , future value , real interest rate , regression analysis , macroeconomics , mathematics , statistics , theoretical physics , physics
The aim of this research is to anaylse the influence of world CPO price on real exchange rate of Rupiah through the changes of money supply, interest rate, and inflation. This is a quantitative research employing eviews 6.0. This current research hasshown that the influence of world CPO price to real exchange rate of Rupiah through the changes of money supply, interest rate, and inflation in Indonesia between 2008(q1-q4) – 2015(q1-q4)) is significant and of positive value. Data analysis in this research wasemploying descriptive method, equipped with econometric data analysis with double linier regression analysis model applied by using regression. The simultanous equivalence was done by Two-Stage Square / 2 SLS) model.KeyWords: Real Exchange Rate of Rupiah, World CPO Price, Supply of Money, Interest Rate, Inflation