scholarly journals Monetary integration in the ASEAN Economic Community challenge: the role of the exchange rate on inflation in Indonesia

2018 ◽  
Vol 24 (5/6) ◽  
pp. 463
Author(s):  
Heru Rahadyan ◽  
Alexander Lubis
2019 ◽  
Vol 22 (3) ◽  
pp. 117-129
Author(s):  
Jana Šimáková ◽  
Nikola Rusková

The aim of the paper is to evaluate the effect of exchange rates on the stock prices of companies in the chemical industry listed on the stock exchanges in the Visegrad Four countries. The empirical analysis was performed from September 2003 to June 2016 on companies from the petrochemical and pharmaceutical industry. The effect of the exchange rate on stock prices is analyzed using Jorion’s approach on monthly data. In contrast to the selected petrochemical companies, the pharmaceutical companies did not use any hedging instruments in the tested period. The effect of the exchange rate on the stock price was proved only in the case of companies from the pharmaceutical industry. This suggests that exchange rate risk could be eliminated by using hedging instruments.


2019 ◽  
Vol 4 (01) ◽  
pp. 24-65
Author(s):  
Suwarti Sari

ASEAN established on August 8th 1967 has improving its level. By signing the ASEAN Charter, ASEAN becomes an international organization. Nowadays, ASEAN makes decision on ASEAN Community. ASEAN Community has three pillars, which are ASEAN Political Security Community, ASEAN Economic Community, and ASEAN Socio-Culture Community. ASEAN Community means ASEAN as a unity, as its principle Unity in Diversity. Implementing this vision, it is not only the responsibility of ASEAN itself, but also every member nations of ASEAN have to take part to reach the goal of ASEAN Vision 2020, which accelerate to 2015. Indonesia as one of founding nations of ASEAN tries to take responsibility and participate on ASEAN goals, include implementing and reaching the ASEAN Community. ASEAN Political Security Community (APSC) aims at making ASEAN and Southeast Asia region as a stable, safe, and prosper region. Indonesia commits to take responsibility for making APSC�s goals success. This research tries to analyze the role of Indonesia in making ASEAN as a stable, safe and prosper region.


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