Electronic Theses and Dissertation

ABSTRAK
Judul : Analisis Pengaruh Remitansi dan Investasi Asing
Langsung terhadap Nilai Tukar Rupiah
Penulis : Sayed Afdal Saputra
NIM : 2201101010007
Fakultas/Jurusan : Fakultas Ekonomi dan Bisnis/Ekonomi Pembangunan
Pembimbing : Weri, S.E., M.A.
Fitriyani, S.E., M.Sc.
Konsentrasi : Ekonomi Moneter

Penelitian ini bertujuan untuk menganalisis pengaruh remitansi dan investasi asing langsung terhadap nilai tukar rupiah baik dalam jangka pendek maupun jangka panjang periode 2010-2024. Data yang digunakan adalah data sekunder runtun waktu (time series) kuartalan. Penelitian ini menggunakan Autoregressive Distributed Lag (ARDL) untuk melihat hubungan jangka panjang dan jangka pendek. Hasil penelitian menunjukkan bahwa dalam jangka panjang, remitansi berpengaruh negatif signifikan terhadap nilai tukar rupiah, sedangkan investasi asing langsung tidak berpengaruh signifikan terhadap nilai tukar rupiah. Sementara itu, dalam jangka pendek remitansi pada periode berjalan tidak berpengaruh signifikan, namun remitansi pada satu periode sebelumnya berpengaruh negatif signifikan terhadap nilai tukar rupiah. Sedangkan investasi asing langsung dalam jangka pendek berpengaruh negatif signifikan terhadap nilai tukar rupiah. Atas dasar penelitian ini, pemerintah perlu mendorong pemanfaatan remitansi dan investasi asing langsung secara lebih produktif guna mendukung stabilitas nilai tukar rupiah di Indonesia. Upaya tersebut dapat dilakukan melalui peningkatan kemudahan dan efisiensi layanan pengiriman remitansi, serta menciptakan iklim investasi yang kondusif guna menarik investor asing.

Kata kunci: Nilai Tukar Rupiah, Remitansi, Investasi Asing Langsung

ABSTRACT Title : Analysis of the Effect of Remittances and Foreign Direct Investment on the Rupiah Exchange Rate Author : Sayed Afdal Saputra Student ID : 2201101010007 Faculty/Department : Faculty of Economics and Business / Development Economics Supervisor : Weri, S.E., M.A. Fitriyani, S.E., M.Sc. Concentration : Monetary Economics This study aims to analyze the influence of remittances and foreign direct investment on the rupiah exchange rate in both the short and long term for the period 2010-2024. The data used in this study are secondary quarterly time series data. This study employs the Autoregressive Distributed Lag (ARDL) method to examine both long-run and short-run relationships. The results show that, in the long run, remittances have a negative and significant effect on the rupiah exchange rate, while foreign direct investment has no significant effect on the rupiah exchange rate. Meanwhile, in the short run, remittances in the current period have no significant effect, but remittances in the previous period have a negative and significant effect on the rupiah exchange rate. Foreign direct investment in the short run has a negative and significant effect on the rupiah exchange rate. Based on these findings, the government needs to encourage more productive utilization of remittances and foreign direct investment to support exchange rate stability in Indonesia. These efforts can be carried out by improving the accessibility and efficiency of remittance transfer services, as well as creating a conducive investment climate to attract foreign investors. Keywords: Indonesian Rupiah Exchange Rate, Remittances, Foreign Direct Investment.