Challenges Of Exchange Rate Fluctuation And Cpo Prices In Indonesia Palm Oil Industry

Objective : This study points to analyze the challenges of Rupiah Exchange Rates and International CPO Prices to Indonesia's CPO Export Volume. Design /methodology/approach : this research exercises explanatory type under a quantitative approach. Data collection techniques in this study wer...

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Bibliographic Details
Main Authors: Achmad Daengs GS, Annisa Rahmawati, Maria Yovita R Pandin
Format: Article
Language:English
Published: LPPM of Narotama University Surabaya 2021-07-01
Series:IJEBD (International Journal of Entrepreneurship and Business Development)
Subjects:
Online Access:https://jurnal.narotama.ac.id/index.php/ijebd/article/view/1360
Description
Summary:Objective : This study points to analyze the challenges of Rupiah Exchange Rates and International CPO Prices to Indonesia's CPO Export Volume. Design /methodology/approach : this research exercises explanatory type under a quantitative approach. Data collection techniques in this study were done by time series techniques. The data analysis technique used is Structural Equation Model (SEM) with the Smart Partial Least Square (PLS) tool. Findings :  The study results indicate that: (1) Rupiah Exchange Rates do not have a significant effect on Indonesia's CPO Export Volume; (2) International CPO prices have a significant effect on Indonesia's CPO Export Volume. Practical implications : intensify business in economy sector in order to reach the lower class people. Paper type : research paper   Keywords: Rupiah Exchange Rates, International CPO Prices, Export Volume
ISSN:2597-4750
2597-4785