Indonesian Journal of Advanced Research (IJAR)
Vol. 2 No. 7 (2023): July 2023

The Influence of Inflation, Foreign Investment and Receipt of Remittances on the Rupiah Exchange Rate in 2014 – 2018

Asro Waruwu (Universitas Negeri Medan)
Mutiara Rengganis (Universitas Negeri Medan)
Khairani Alawiyah Matondang (Universitas Negeri Medan)

Article Info

Publish Date
18 Jul 2023


The purpose of this study was conducted to determine the effect of inflation, foreign investment, and remittances on the rupiah exchange rate in 2014 - 2018. This type of research is a quantitative approach where this data is of secondary data type in the form of time series. This data is taken from BPS and Bank Indonesia websites. This research method is multiple regression with the OLS model assisted by processing with the Eviews application. The results showed that inflation with the rupiah exchange rate was negatively related, where if inflation increased, the rupiah exchange rate weakened and vice versa, foreign investment did not have a significant effect on the exchange rate and remittances had a significant effect on the exchange rate.

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Indonesian Journal of Advanced Research (IJAR) is an open-access and peer-reviewed journal, published by Formosa Publisher, which is mainly intended for the dissemination of research results by researchers, academics, and practitioners in many fields of science and technology. IJAR publishes ...