Exchange Rate Behaviour in ASEAN-5: The Role of Current Account, Inflation, and Political Stability

Autores/as

Aulia Rahman Bato State Islamic University of Alauddin https://orcid.org/0009-0000-6106-8816
Anas Iswanto Anwar Hasanuddin University https://orcid.org/0000-0002-1801-8730
Retno Fitrianti Hasanuddin University https://orcid.org/0000-0002-8206-6980

DOI:

https://doi.org/10.21919/remef.v21i2.1319

Palabras clave:

Cuenta corriente, Inflación, tipo de cambio

Resumen

Comportamiento del tipo de cambio en el ASEAN-5: El papel de la cuenta corriente, la inflación y la estabilidad POLÍTICA

Este estudio analiza la influencia de la balanza por cuenta corriente, la inflación y la estabilidad política sobre la dinámica del tipo de cambio en los países del ASEAN-5 durante 2010–2024. Se emplea un enfoque cuantitativo con datos anuales del FMI, el Banco Mundial y el BIS, estimados mediante regresión de panel y con la especificación óptima determinada a través de las pruebas de Chow, Hausman y Lagrange Multiplier. Los resultados indican que una balanza por cuenta corriente más sólida impulsa la apreciación de la moneda doméstica, mientras que una inflación más alta provoca depreciación, de acuerdo con las teorías de balanza de pagos y paridad del poder adquisitivo. La estabilidad política ejerce un efecto positivo al mejorar la confianza del mercado y favorecer la entrada de capitales.

Biografía del autor/a

Aulia Rahman Bato, State Islamic University of Alauddin

Aulia Rahman Bato is a lecturer in the Department of Economics, Faculty of Economics and Islamic Business, State Islamic University of Alauddin, Indonesia. His research interests include international economics, and monetary policy

Anas Iswanto Anwar, Hasanuddin University

Anas Iswanto Anwar is a Professor in the field of international monetary economics and a lecturer at the Faculty of Economics and Business, Hasanuddin University, Indonesia. His research interests include international finance, monetary economics, and macroeconomic policy

Retno Fitrianti, Hasanuddin University

Retro Fitrianti is a Doctor in the field of international economics and a lecturer at the Faculty of Economics and Business, Hasanuddin University, Indonesia. Her research interests include international trade, economic development, and globalization

Citas

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Autores/as

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Biografía del autor/a

Aulia Rahman Bato, State Islamic University of Alauddin

Anas Iswanto Anwar, Hasanuddin University

Retno Fitrianti, Hasanuddin University

Citas

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