SHORT AND LONG-TERM ANALYSIS OF FOREIGN EXCHANGE RATES BASED ON INCOME LEVELS

Harunurrasyid, Harunurrasyid and Mardalena, Mardalena and Imam, Asngari and Siti, Rohima and Sri, Andaiyani (2022) SHORT AND LONG-TERM ANALYSIS OF FOREIGN EXCHANGE RATES BASED ON INCOME LEVELS. Journal of Economic Development, Environment and People.

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Abstract

This study aimed to determine the effect of foreign exchange demand and supply on exchange rates in four groups of countries based on per capita income levels from 1989-2018 using ARDL panel method. The results showed remittances have a significant effect on exchange rates in panel A (low income countries), panel B (lower middle income countries), panel D (high income countries), but not on panel C (upper middle income countries). Export and import variables have a significant effect on panels B, C, and D, and are not significant on panel A. Meanwhile inflation variables have a significant effect on all types of panels.

Item Type: Article
Subjects: H Social Sciences > H Social Sciences (General)
Divisions: 01-Faculty of Economics > 60201-Development Economics (S1)
Depositing User: Drs.Harunurrasyid, M.Com
Date Deposited: 13 Jan 2023 02:08
Last Modified: 13 Jan 2023 02:08
URI: http://repository.unsri.ac.id/id/eprint/84909

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