THE ANALYSIS OF EXCHANGE RATE FLUCTUTIONSAND ITS IMPLICATIONS ON INDONESIAN ECONOMY EMPERICAL EVIDENCE AND ISLAMIC ECONOMIC PERSPECTIVE
Abstract
In globalization context interaction among one state with the other cannot be
obviated, hence pattern and direction economic policy will be influenced by other
economics performance. Positive impact from interaction international trade can push the
economic growth through growing factors productivity pnd utilize of domestic economic
scale beside due to the media transfer technology among country. Indonesia as an
developing countries own economic resource and luy in geographical band of
international trade cannot secede from changing in that happened in international market
as consequence from an economics opened. Table below shows the economic indicator of
some country in Asia :