Analisis Pengaruh Ekspor, Impor dan Inflasi Terhadap Cadangan Devisa di Indonesia Tahun 1993-2023

Abstract

FOREIGN EXCHANGE RESERVES IN INDONESIA IN 1993-2023 Foreign exchange reserves are all foreign assets controlled by the monetary authority and can be used at any time to finance exports and pay foreign liabilities. The purpose of this study was to determine the effect of exports, imports and inflation on foreign exchange reserves in Indonesia in 1993-2023. This research uses quantitative methods, with the type of secondary data obtained from the Indonesian Central Bureau of Statistics with the period 1993-2023. The analysis method used in this research is Multiple Linear Regression Analysis with the help of Eviews-12 software. The results of this study indicate that exports have a positive effect on foreign exchange reserves, imports have a negative effect on foreign exchange reserves and inflation have a negative effect on foreign exchange reserves.