Recommendation
The recommendations of this study, the economic factors which were forward position
(bought),balance of payment, and international reserve that affected on exchange rates in negative
way. The results would have benefit for companies, government officers, foreigners, business men, and
others who were need to forecast the exchange rate movement can focus on forward position (bought),balance of payment, and international reserve factors. Therefore, the readers can use the result to
manage their works or studies which related on economic factors and exchange rates.