ANALYSIS OF EFFECT OF MONETARY OPERATIONS ON RUPIAH EXCHANGE RATE'S VOLATILIT…

Goal : This research aims to analyze the effect of monetary operation variables, namely SBIS (Bank Indonesia Sharia Certificates), SRBI (Bank Indonesia Rupiah Securities) and Foreign Exchange Reserves on the volatility of the rupiah exchange rate against the US Dollar. Method : By using the Vector Autoregressive (VAR) method, this research analyzes whether there is an influence between S…