THE EFFECT OF MONEY SUPPLY, INTEREST RATES AND EXCHANGE RATES ON INFLATION IN INDONESIA FOR THE PERIOD 2005-2024

Adelia Boru Mangunsong; Olivia L. E Tomasowa; Maria Indriyani Hewa Tiwu

doi:10.46576/ijsseh.v6i2.7362

THE EFFECT OF MONEY SUPPLY, INTEREST RATES AND EXCHANGE RATES ON INFLATION IN INDONESIA FOR THE PERIOD 2005-2024

Adelia Boru Mangunsong, Olivia L. E Tomasowa, Maria Indriyani Hewa Tiwu

Abstract

The results showed that the money supply, interest rates and exchange rates have a significant and joint effect on inflation in Indonesia. Partially the money supply has a positive and significant effect on inflation, interest rates have a significant and negative

effect on inflation, and exchange rates have a positive and significant effect on inflation. This study was conducted to determine and describe the influence and relationship between money supply, interest rates and exchange rates as independent variables and inflation as the dependent variable. In addition, researchers are also interested in analysing the relationship of money supply, interest rates and exchange rates to inflation.

Keywords

money supply, interest rates exchange, rates and inflation.

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DOI: https://doi.org/10.46576/ijsseh.v6i2.7362