Sofyan, Hizir; Majid, Muhammad Shabri Abdul; Rahmanda, … - In: Contemporary economics 13 (2019) 1, pp. 35-48
run between the IDR and the forex markets of ASEAN (Association of South East Asian Nations), Japan and Europe. The study … error correction (VECM) techniques. The study found that the IDR was cointegrated with the forex markets of ASEAN, Japan …, and Europe. The IDR was found to be the most dependent market compared to the other ASEAN forex markets since those forex …