Indonesia Conference Directory


<< Back

ANALYSIS OF SHEETS OF OIL AND NON-OIL AND GAS TRADE ON VOLATILITY OF DEVICE RESERVES IN INDONESIA, 1975-2016
Khalwat Asyaria , Risanda A. Budiantoro , Sri Herianingrum

Magister Sains Ekonomi Islam, Fakultas Ekonomi dan Bisnis, Universitas Airlangga, Jalan Airlangga, Gubeng, Kota Surabaya, 60286


Abstract

Foreign exchange reserves are assets of a central bank that are stored in foreign currencies such as dollars, euros, yen and are used for international trade and funding the countrys economy. The size of the countrys foreign exchange reserves depends on the strength of its exports and imports both oil and gas and non-oil and gas. Regarding the purpose of this study to analyze the allocation of oil and gas and non-oil gas trade to the volatility of foreign exchange reserves in Indonesia, 1975-2016. This study used secondary data from the Badan Pusat Statistik and World Bank reports using quantitative analysis (multiple linear regression test). The results of the study show that non-oil exports and imports have a significant negative effect on the volatility of foreign exchange reserves. While for oil and gas exports and imports it has a negative and insignificant effect.

Keywords: Trade Balance, Import, Export, Oil and Gas, Non Oil and Gas, Foreign Exchange Reserves

Topic: Social and Economic Issues

Link: https://ifory.id/abstract/8mt6BzgFcJAK

Conference: International Conference Postgraduate School Universitas Airlangga (ICPS 2019)

Plain Format | Corresponding Author (Khalwat Asyaria)

Featured Events

<< Swipe >>
<< Swipe >>

Embed Logo

If your conference is listed in our system, please put our logo somewhere in your website. Simply copy-paste the HTML code below to your website (ask your web admin):

<a target="_blank" href="https://ifory.id"><img src="https://ifory.id/ifory.png" title="Ifory - Indonesia Conference Directory" width="150" height="" border="0"></a>

Site Stats