Last modified: 2024-02-01
Abstract
Purpose:This research aims to analyze several variables that influence Indonesia's economic growth during the 2018-2022 period. The influencing variables are limited to only three, namely the money supply (JUB), foreign exchange reserves and the exchange rate, Methods: This research uses quantitative data in the form of monthly data collected from 2018 to 2022., Analysis data: The population in this study is the entire time series data on the money supply (JUB), foreign exchange reserves, exchange rate, and Indonesian economic growth. The data analysis used is multiple linear regression analysis., Results and discussions: The results of data analysis in this study show that variables consisting of money supply (JUB), foreign exchange reserves and exchange rates simultaneously have a significant effect on Indonesia's economic growth. , Conclusion: Partially, the money supply (JUB) has a significant effect on Indonesia's economic growth. Foreign exchange reserves have a significant influence on Indonesia's economic growth. The exchange rate has a significant effect on Indonesia's economic growth.
Keywords: Money supply, foreign exchange, reserve exchange rates, Economic growth in Indonesia