Electronic Theses and Dissertation

Penelitian ini bertujuan untuk menganalisis pengaruh tingkat suku bunga, trade openness dan fluktuasi harga minyak mentah terhadap nilai tukar Rupiah. Penelitian ini menggunakan data bulanan dari Januari 2015 sampai Mei 2023 yang diperoleh dari Bank Indonesia, Badan Pusat Statistik (BPS) dan U.S. Energy Information Administration. Data dianalisis menggunakan model analisis linear berganda. Hasil penelitian ini menunjukan tingkat suku bunga berpengaruh negatif signifikan terhadap nilai tukar Rupiah, trade openness berpengaruh positif signifikan terhadap nilai tukar Rupiah dan fluktuasi harga minyak mentah berpengaruh negatif signifikan terhadap nilai tukar Rupiah. Pemerintah dan otoritas terkait diharapkan untuk mengoptimalkan penerapan kebijakan suku bunga, mengendalikan trade openness Indonesia dan memberi perhatian lebih terhadap pergerakan harga minyak mentah agar nilai tukar Rupiah bergerak di kisaran yang diinginkan.

This research aims to analyze the influence of interest rates, trade openness and fluctuations in crude oil prices on the Rupiah exchange rate. This research uses monthly data from January 2015 to May 2023 obtained from Bank Indonesia, the BPS-Statistics Indonesia and the U.S. Energy Information Administration. The analysis model used is multiple linear analysis. The results of this research show that interest rates have a significant negative effect on the Rupiah exchange rate, trade openness has a significant positive effect on the Rupiah exchange rate and fluctuations in crude oil prices have a significant negative effect on the Rupiah exchange rate. The government and related authorities are expected to optimize the implementation of interest rate policies, control Indonesia's trade openness and pay more attention to movements in crude oil prices so that the Rupiah exchange rate moves in the desired range.