OUTLOOK FOREX 2010 (USD, Poundsterling, Euro)
Foreign currency is the currency of another country from a country. U.S. Dollar, Euro, Yen,Pounds Sterling, Australian Dollar, Singapore Dollar, and others are foreign exchange for the state of Indonesia. The value of foreign currency to local currency values do not always have to same, because of differences in inflation in these countries. Foreign exchange to commodity investment because many parties achieve a capital gain on the movement or change the foreign exchange value.
Movement of foreign exchange value has been a concern of various parties to see how far these movements. Monitoring the foreign exchange value is required for those who have foreign exchange exposure. The exposure of meant that the debt in the form of foreign exchange; income in the form of currency foreigners, the cost of raw materials purchased in foreign currencies and investments in the form of foreign exchange.
The study of foreign exchange have been carried out for the interests of various parties respectively for both academics and business interests including the factors discussed non-economic influence of foreign currency through monetary factor that is the difference in income Indonesia real United States, the difference between Indonesia and the U.S. inflation, the difference in interest rates and Indonesia America. In addition the research also provides an alternative forecast foreign exchange rates value using the Box-Jenkins approach.
This study tried to discuss the foreign exchange consisting of hard currency is U.S. Dollar, British Pound Sterling and Euro and forecasting of foreign exchange it.