THE INFLUENCE OF OIL PRICES ON INDONESIA’S EXCHANGE RATE
This study tests for a long-run relation between oil prices and the rupiah–US dollar exchange rate. We discover, first, that the long-run cointegration relation between oil prices and the real exchange rate (RER) is sensitive to different exchange rate regimes in Indonesia. Second, we find a long-ru...
| Main Authors: | , , |
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| Format: | Article |
| Language: | Indonesian |
| Published: |
Bank Indonesia
2019-02-01
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| Series: | Bulletin Ekonomi Moneter dan Perbankan |
| Subjects: | |
| Online Access: | https://www.bmeb-bi.org/index.php/BEMP/article/view/1007 |