Analisis Pengaruh Neraca Perdagangan, Suku Bunga dan Arus Modal Masuk terhadap Nilai Tukar Rupiah di Indonesia

The purpose of this study was to determine the effect trade balance, interest rates and capital inflows on rupiah exchange rate. data used is time series or in form years, namely from 1987 2019. This uses a quantitative approach by using error correction model (ECM) estimation method. analysis techniques include: stationarity test, cointegration short-term long-term ECM, classical assumption test. And results obtained are that long term balance variable has positive significant rate, have FDI rate PFI no balance. While short term, FPI rate.
 Keywords: Error Correction Model, Foreign Direct Investment, Portfolio Interest Rate, Exchange Trade Balance