Tania Megasari and Tika Widiastuti.
2017
DOI: https://doi.org/10.20473/vol4iss201711pp928-936
Keywords: Inflation, SBIS, Exchange Rate.
Abstrak
2017
DOI: https://doi.org/10.20473/vol4iss201711pp928-936
Keywords: Inflation, SBIS, Exchange Rate.
Abstrak
The purpose of this research is to examine the effect of the exchange rate, and the return rate of Bank Indonesia Sharia Certificate (SBIS) on inflation in Indonesia during the period January 2009 to December 2015. The approach used in this research is quantitative research using Error Correction Model (ECM) by Eviews program 8. The data used are secondary data from the official website of Bank Indonesia. The results showed that the Exchange rate and the rate of SBIS have a significant and positive correlation against inflation in the short term and long term during the period January 2009 to December 2015.