research measures how persistent the exchange rate fluctuation in Indonesia is, and how are thus the central banks able to … reveals that, USD/IDR volatility in Indonesia is obviously persistent. This study also presents the outcomes of effectiveness …/IDR decrease. Whatever Bank of Indonesia’s efforts to exert a stabilizing effect of foreign exchange interventions, the results are …

For a small open economy like Indonesia, exchange rate movement does not always reflect fundamental value. Increasing … fundamental path and maintaining financial system stability. In the case of Indonesia, the intervention has been able to reduce …

This study examines the effects of geopolitical risk on exchange rates in Indonesia. We augment conventional nominal …

volatility of exchange rates. To test the hypothesis, we use monthly data in the case of Indonesia over the period 2005 … targeting in Indonesia puts too much emphasis on stabilizing the domestic currency thus leading to benign neglect of stabilizing …