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 … utilizes the daily nominal exchange rates of Indonesia, Thailand, Malaysia, Singapore, the Philippines, Japan, the U.S., and … error correction (VECM) techniques. The study found that the IDR was cointegrated with the forex markets of ASEAN, Japan …