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Sponsored Artificial Intelligence: A Modern Approach, Global Edition Artificial Intelligence: A Modern Approach, Global Edition

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Rahmat Syam

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Open access Oct 2026

Do Macroeconomic Variables Improve Rupiah Forecasts under Conditional Heteroskedasticity?

Rupiah exchange-rate forecasting studies are usually univariate and rarely evaluated under a leakage-free protocol against a strong naive benchmark. This study tests whether three macroeconomic variables (Federal Funds Rate, Bank Indonesia policy rate, and Indonesian Consumer Price Index) improve forecasts from a linea...

S. Lobo, Rahmat Syam, W. Sanusi · 0 citations

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