Net Foreign Assets, Net Domestic Assets, and Their Implications for The Money Supply in Indonesia

Net Foreign Assets, Net Domestic Assets, Money Supply

Authors

  • Muhammad Ali Department of Accounting, Faculty of Economics and Business, Widyatama University, Indonesia
  • Tria Apriliana Department of Accounting, Faculty of Economics and Business, Widyatama University, Indonesia
  • Andina Nur Fathonah Department of Accounting, Faculty of Economics and Business, Widyatama University, Indonesia
November 17, 2024
November 22, 2024

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Finding net foreign and net domestic assets as well as their effects on Indonesia's money supply from 2018 to 2023 is the aim of this study. This study discusses the money supply, net domestic assets, and net foreign assets. Theories pertaining to these domains are the method used in this regard. This study was carried out in Indonesia. Quantitative research is what this kind of study is. The study employed secondary data from the Bank Indonesia website in the form of time series publications of the money supply, net foreign assets, and net domestic assets from January 2018 to December 2023. The research method used in this study is the explanatory method. The data analysis techniques in this study are descriptive analysis and multiple linear regression analysis. The results of this study, both partially and simultaneously, indicate that there is an influence of net foreign assets and net domestic assets on money in circulation in Indonesia for the period 2018-2023.