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An open economy is a natural given that no country could produce a product by itself. All countries need to cooperate in producing a product. Open economy starts from trade cooperation to investment cooperation before entering financial cooperation. Regarding trade, the ideal cooperation applies...
Persistent link: https://www.econbiz.de/10015259630
The new problem that arises in the open economy is the domestic currency exchange rate against foreign currencies in this case is the United States dollar recognized as the international currency. The open economy causes the condition of the domestic economy to affect the exchange rate changes....
Persistent link: https://www.econbiz.de/10015265953
The research objectives are to determine the impact of tourism, which proxied by the number of tourists and tourism receipts, against the exchange rates of Rupiah in Indonesia. This research was conducted using quantitative approaches, namely vector autoregressive (VAR) model and using monthly...
Persistent link: https://www.econbiz.de/10015248377
This study aims to determine the impact of workers’ remittances to the real exchange rates of rupiah during 2004 - 2013. Based on quarterly time series data and using VAR model, the results of this study suggested several conclusions : (i) the growth of remittance inflows have a positive...
Persistent link: https://www.econbiz.de/10015248440
Per Agustus 2016 mendatang, suku bunga acuan kebijakan moneter akan berganti menjadi BI 7-day (Reverse) Repo Rate, menggantikan BI rate yang dianggap tidak lagi efektif mempengaruhi suku bunga pasar uang. Transmisi kebijakan moneter tersebut terhadap suku bunga perbankan, seperti suku bunga...
Persistent link: https://www.econbiz.de/10015264043