FAKTOR - FAKTOR YANG MEMPENGARUHI CADANGAN DEVISA INDONESIA (1984 - 2013)

Abstract

Foreign exchange reserves are an indicator to show the strength of a country's eco-nomic fundamentals. This study aims to determine how big influence the rate of independent variables (X1), inflation (X2) and the deposit rate (X3) on foreign exchange reserves dependent variable (Y). The analyzing method that used is linear analysis method. Results of data analy-sis through the classical assumption test show a model free from problem of classic assumption test. Statistical testing showed the coefficient of determination (adjusted R2) of 0.881. The exchange rate, inflation and interest rates of deposits influential the foreign ex-change reserves. Individually rate influential, inflation influential and deposit rates influential to foreign exchange reserves. Keywords: Exchange Rate, Inflation, Deposit Interest, foreign exchange reserves