Pengaruh Kebijakan Moneter Dan Stabilitas Nilai Tukar Terhadap Pertumbuhan Ekonomi Di Indonesia

Authors

  • Muhammad Juwantho Lewa Universitas Halu Oleo Author
  • Muhammad Fathul Ikrar Universitas Halu Oleo Author

DOI:

https://doi.org/10.63822/924dxz05

Keywords:

Economic Growth, Exchange Rate Stability, Indonesia, Macroeconomic Stability, Monetary Policy

Abstract

This study examines the effect of monetary policy and exchange rate stability on economic growth in Indonesia. Using a quantitative approach, data was collected from 60 respondents who have expertise in finance and economics. The data was analyzed using descriptive statistics, Pearson correlation, and multiple regression analysis with SPSS version 26. The results showed a significant positive relationship between monetary policy, exchange rate stability, and economic growth. Monetary policy has the strongest influence on economic growth, followed by exchange rate stability. The findings emphasize the importance of effective monetary policy and maintaining exchange rate stability to foster sustainable economic performance in Indonesia. These insights provide valuable recommendations for policymakers to optimize macroeconomic policies for growth.

References

Azu, N. P., Nasiri, A., & Street, S. D. (2015). Exchange rate fluctuation and sustainable economic growth in Nigeria: VAR approach. Exchange, 6(13).

Bank, W. (2023). Indonesia Economic Prospects, December 2023: Climate Action for Development. World Bank.

Bauer, M. D., & Rudebusch, G. D. (2016). Monetary policy expectations at the zero lower bound. Journal of Money, Credit and Banking, 48(7), 1439–1465.

Beck, T., Demirgüç-Kunt, A., & Levine, R. (2007). Finance, inequality and the poor. Journal of Economic Growth, 12, 27–49.

Cardarelli, M. R. (2021). Morocco’s monetary policy transmission in the wake of the Covid-19 Pandemic. International Monetary Fund.

Published

2025-12-20

Issue

Section

Articles

How to Cite

Lewa, M. J., & Muhammad Fathul Ikrar. (2025). Pengaruh Kebijakan Moneter Dan Stabilitas Nilai Tukar Terhadap Pertumbuhan Ekonomi Di Indonesia. Jejak Digital: Jurnal Ilmiah Multidisiplin, 2(1), 658-661. https://doi.org/10.63822/924dxz05