The Effect of foreign Exchange Rate (Indonesia Rupiah against US Dollar) on Sectoral Indices of IHSG Periods 2009-2011

Main Authors: , Andriani Cynthia, , Dr. Mamduh Mahmadah Hanafi, MBA.
Format: Thesis NonPeerReviewed
Terbitan: [Yogyakarta] : Universitas Gadjah Mada , 2013
Subjects:
ETD
Online Access: https://repository.ugm.ac.id/119080/
http://etd.ugm.ac.id/index.php?mod=penelitian_detail&sub=PenelitianDetail&act=view&typ=html&buku_id=59071
Daftar Isi:
  • This research attempts to analyze the effect of foreign exchange rate (Indonesian Rupiah against US Dollar) on Sectoral Indices of indonesiaâ��s Composite Index (IHSG) which are contains of 10 sectors which are agriculture, mining, basic industry, miscellaneous industry, consumer goods, property, infrastructure, finance, trade and services, and manufacture. Using data from January 2009 to December 2011, this research found that the foreign exchange rate Indonesian Rupiah against US Dollar has positive significant effect to Sectoral Indices of Composite Index. Using simple linear regression obtained different results value of each sectoral index. These differences were caused by different characteristic among all indices.