Pengaruh Inflasi, Kurs dan BI Rate Terhadap Indeks Harga Saham Gabungan (IHSG) yang terdaftar di Bursa Efek Indonesia (BEI) Periode 2017-2020
| Main Authors: | Nisa’, Khurrotun, Mardani, Ronny Malavia, Hatneny, Aleria Irma |
|---|---|
| Format: | Article info application/pdf eJournal |
| Bahasa: | eng |
| Terbitan: |
UNIVERSITAS ISLAM MALANG
, 2022
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| Online Access: |
http://riset.unisma.ac.id/index.php/jrm/article/view/15540 http://riset.unisma.ac.id/index.php/jrm/article/view/15540/11767 |
Daftar Isi:
- Abstract For four years starting from 2017-2020 the stock price index has fluctuated. This study aims to determine how the influence of inflation, exchange rates and interest rates on the stock price index. This research uses explanatory research. The population in this study is all the country's macroeconomic data, namely inflation, exchange rates, interest rates and the JCI starting from the 2017-2020 period. The sample taken is monthly data for each variable starting from January 2017 to December 2020. While the variables used in this study are independent variables including inflation, exchange rates and interest rates. And the dependent variable is the composite stock price index. The results of this study indicate that the inflation variable has no significant effect on the JCI, the exchange rate has a negative and significant effect on the JCI and interest rates have a significant positive effect on the JCI. Keywords: Inflation, Exchange Rate, Interest Rate and The Composite Stock Price Index