The Influence of Oil Price, Gold Price, US Bond Interest, and JSX Index to Rupiah-US Dollar Rate Movement
| Main Author: | Tjandrasa, Benny Budiawan |
|---|---|
| Format: | Proceeding PeerReviewed Book |
| Terbitan: |
, 2016
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| Subjects: | |
| Online Access: |
http://repository.maranatha.edu/26747/1/7.%20The%20Influence%20of%20Oil%20Price%2C%20Gold%20Price.pdf http://repository.maranatha.edu/26747/ |
Daftar Isi:
- As a part of global economic community, Indonesia is influenced by the movement of several economic factors. It is believed that economic condition of the country can also be measured through its exchange rate movement. The volatility of exchange rate movement in several countries, and especially in Indonesia, could give a huge impact to purchasing power of the society and also to political tensions. For those reasons the purpose of this research is to measure the influence of several variables’ movement such as oil price, gold price, US bond interest, and also Jakarta stock exchange (JSX) index to Rupiah – US dollar rate movement. Some researchers found some variables have significant influence, while other researchers found some variables do not have significant influence. Using purposive sampling this research found that oil price, gold price and US bond interest have a significant influence to Rupiah – US dollar rate movement, while JSX index has an insignificant influence.