Abstract
Users of e-money payment instruments in Indonesia continue to experience growth every year. An increase in the need for e-money users to transact, causes an increase in the need for money supply in Indonesia. So that the stability of money circulation needs to be controlled, namely through monetary policy interest rates. The purpose of this study is to examine the impact of the use of e-money on interest rate policies in Indonesia, through the money supply as an intervening variable. The study was conductedat Bank Indonesia, using a statistical test model of path analysis. The test results show that the use of e-money has a significant direct effect on interest rates. While the indirect effect tests, shows that the use of e-money through the variable money supply as an intervening variablehas no significant effect
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: International Journal of Advances in Scientific Research and Engineering
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
