2024
DOI: 10.47191/jefms/v7-i3-30
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The Impact of Digital Currency on Demand for Money: Evidence from Indonesia

Aula Ahmad Hafid Saiful Fikr,
Lilia Pasca Riani,
Mustofa Mustofa
et al.

Abstract: The purpose of this study is to examine the impact of digital currency transaction variables on the demand for money in Indonesia. The data used are data on the volume of mobile banking transactions, internet banking, interest rates, the level of currency fluctuations, and inflation on the demand for money for the period 2013 to 2022. Data analysis uses Autoregressive Distributed Lag (ARDL) cointegration method. The results of regression testing can be concluded that the long-term relationship is valid. In add… Show more

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