this paper is to see how the implementation of mandatory use of Rupiah in Indonesia affects factors that cause its … some variables to the amount of money circulated in the market. Bank Indonesia's Regulation Number: 17/3/PBI/2015 was … use of Rupiah in Indonesia territory. The policy consists of economic, nationalism, and law perspectives. However, this …

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 …

aftermath of the Asian crisis. The results suggest that movements in the Asia-5 currencies (Indonesia, Korea, Malaysia …

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 …

This paper estimates the equilibirum level of the real exchange rate for Indonesia in order to measure the extent of …