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0
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-20.00
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40.00
60.00
80.00
100.00
19961997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008
Currency
Exchange Rate
Exchange Rate ($US/Rp) Currency Change (%)
9
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7 Calculated from total erroneous signals divided by the number of months in the observation period
multiplied by the number of banks in the sample. Therefore, the value of 1.01% is obtained from 57/(216 x
26).
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