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The influence of imports, foreign exchange reserves, external debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia Countries

Jurnal Perspektif Pembiayaan dan Pembangunan Daerah · Vol. 9 No. 4 (2021) · pp. 365–374

DOI
10.22437/ppd.v9i4.12706
ISSN
2355-8520, 2338-4603
Published
2021-10-31
Publisher
Program Magister Ilmu Ekonomi Pascasarjana Universitas Jambi
Language
en
License
creativecommons.org/licenses/by/4.0

Abstract

This study aims to analyze the effect of imports, foreign exchange reserves, foreign debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia countries. The study results found that from 2010 to 2017, the currency exchange rates against the United States Dollar in Southeast Asian countries tended to weaken (depreciate). The highest growth in the exchange rate against the United States dollar was in Indonesia, while the lowest was in Singapore. Foreign exchange reserves negatively affect foreign debt, and imports positively affect countries' exchange rates in the Southeast Asia region against the United States dollar. On the other hand, interest rates do not show a significant effect.

Keywords

Collaboration network of the authors

40 authors · 106 co-authorship links · showing the 40 most connected

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Co-authorOrganisationJoint articles
Siti HodijahAffiliation unknown9
Emilia EmiliaAffiliation unknown5
Erni AchmadAffiliation unknown3
Zamzami ZamzamiAffiliation unknown2
Haryadi HaryadiAffiliation unknown2
Parmadi ParmadiAffiliation unknown2
Nurhayani NurhayaniAffiliation unknown2
Etik UmiyatiAffiliation unknown2
Nadya GraceAffiliation unknown2
Amri AmirAffiliation unknown2
KGS Anton WijayaAffiliation unknown2
Resa Zelvia NollaAffiliation unknown2
normalita puspitasariAffiliation unknown2
Sigit IndrawijayaAffiliation unknown1
Rosmeli RosmeliAffiliation unknown1
Syaifuddin SyaifuddinAffiliation unknown1
Adi BhaktiAffiliation unknown1
Ahmad Nur Budi UtamaAffiliation unknown1
Muslimin Andika PutraAffiliation unknown1
Tri YudiartiAffiliation unknown1
Desy MartauliAffiliation unknown1
Usman HardiantoAffiliation unknown1
Dearmi ArtisAffiliation unknown1
Kosiah KosiahAffiliation unknown1
Iis Puji WahyuniAffiliation unknown1
Erfit ErfitAffiliation unknown1
Eko PurwantoAffiliation unknown1
Andi Andini AdhaliaAffiliation unknown1
Rachmad RAffiliation unknown1
Zulgani ZulganiAffiliation unknown1
Gustina Ahlul FikriyahAffiliation unknown1
Vivi NovidayantiAffiliation unknown1
Rosminah RosminahAffiliation unknown1
Maherika MaherikaAffiliation unknown1
Eko Agus PranotoAffiliation unknown1
Surya AsnellyAffiliation unknown1
Yunita Rizqi RahayuAffiliation unknown1
Muhammad Rizky MulyaAffiliation unknown1

Affiliations come from OpenAlex; journal OAI-PMH metadata carries none. Authors without an OpenAlex ID are matched by name, which can merge or split people.

Metadata source: OAI-PMH (metadata jurnal) https://online-journal.unja.ac.id/index.php/JES/oai, first harvested 6 Nov 2026, last seen 6 Nov 2026.
Original metadata (oai_dc) 
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	<dc:title xml:lang="en">The influence of imports, foreign exchange reserves, external debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia Countries</dc:title>
	<dc:creator xml:lang="en">Nurjanah, Rahma</dc:creator>
	<dc:creator xml:lang="en">Mustika, Candra</dc:creator>
	<dc:subject xml:lang="en">Currency exchange rate</dc:subject>
	<dc:subject xml:lang="en">Foreign exchange reserves</dc:subject>
	<dc:subject xml:lang="en">Foreign debt</dc:subject>
	<dc:subject xml:lang="en">Imports</dc:subject>
	<dc:subject xml:lang="en">Interest rates</dc:subject>
	<dc:description xml:lang="en">This study aims to analyze the effect of imports, foreign exchange reserves, foreign debt, and interest rates on the currency exchange rates against the United States Dollar in Southeast Asia countries. The study results found that from 2010 to 2017, the currency exchange rates against the United States Dollar in Southeast Asian countries tended to weaken (depreciate).  The highest growth in the exchange rate against the United States dollar was in Indonesia, while the lowest was in Singapore. Foreign exchange reserves negatively affect foreign debt, and imports positively affect countries' exchange rates in the Southeast Asia region against the United States dollar. On the other hand, interest rates do not show a significant effect.</dc:description>
	<dc:publisher xml:lang="en">Program Magister Ilmu Ekonomi  Pascasarjana Universitas Jambi</dc:publisher>
	<dc:date>2021-10-31</dc:date>
	<dc:type>info:eu-repo/semantics/article</dc:type>
	<dc:type>info:eu-repo/semantics/publishedVersion</dc:type>
	<dc:type xml:lang="en">Peer-reviewed Article</dc:type>
	<dc:format>application/pdf</dc:format>
	<dc:identifier>https://online-journal.unja.ac.id/JES/article/view/12706</dc:identifier>
	<dc:identifier>10.22437/ppd.v9i4.12706</dc:identifier>
	<dc:source xml:lang="en">Jurnal Perspektif Pembiayaan dan Pembangunan Daerah; Vol. 9 No. 4 (2021): Jurnal Perspektif Pembiayaan dan Pembangunan Daerah; 365 - 374</dc:source>
	<dc:source>2355-8520</dc:source>
	<dc:source>2338-4603</dc:source>
	<dc:language>en</dc:language>
	<dc:relation>https://online-journal.unja.ac.id/JES/article/view/12706/12391</dc:relation>
	<dc:rights xml:lang="en">Copyright (c) 2021 Rahma Nurjanah, Candra Mustika</dc:rights>
	<dc:rights xml:lang="en">https://creativecommons.org/licenses/by/4.0</dc:rights>
</oai_dc:dc>