Indonesia’s Foreign currency reserves: An Analysis of the Influencing Factors

The impact of exports, inflation, the rupiah exchange rate (ER), and foreign direct investment (FDI) on Indonesia's currency reserves is examined in this study (FER). FER dependent variable model's multiple linear regression equations, which also include independent variables rupiah, Indonesia. data used from 2001 to 2021, model estimation technique Ordinary Least Squares. demonstrates that highly impacted by FDI significantly favorably exports FDI. negatively inflation ER does, however, have a slight favorable FER.