scholarly journals PENGARUH INFLASI DAN BI 7 DAY REPO RATE TERHADAP NILAI AKTIVA BERSIH (NAB) REKSADANA SYARIAH DI INDONESIA PERIODE 2016-2020

2021 ◽  
Vol 2 (1) ◽  
pp. 54-68
Author(s):  
Taufiq Ridwan Murtadho ◽  
Ade Ponirah ◽  
Wilashopa Nurdiani
Keyword(s):  
Repo Rate

Nilai Aktiva Bersih (NAB) menjadi sorotan utama para investor karena menggambrkan total kekayaan bersih reksadana setiap harinya. Artikel ini bertujuan untuk menguji pengaruh Inflasi dan BI 7 Day Repo Rate terhadap Nilai Aktiva Bersih (NAB) Reksadana Syariah. Inflasi menunjukan kenaikan harga suatu komoditas secara keseluruhan dan berlangsung cukup lama atau berkelanjutan. Sedangkan BI 7 Day Repo Rate merupakan tingkat suku bunga dalam kebijakan moneter ditetapkan oleh bank Indonesia dan disampaikan pada publik. Metode dalam penelitian ini menggunakan metode deskriptif dan pendekatan kuantitatif, untuk mendeskripsikan hasil penelitian yang datanya disajikan dalam bentuk angka dengan menggunakan data sekunder dan didukung dengan studi kepustakaan serta dokumentasi, yang diolah secara statistik dan kuantitatif. Pada penelitian ini mendapatkan hasil bahwa secara parsial inflasi berpengaruh terhadap Nilai Aktiva Bersih dengan kontribusi pengaruh 61.1 persen, sedangkan BI 7 Day Repo Rate tidak berpengaruh terhadap Nilai Aktiva Bersih, dan secara simulta inflasi dan BI 7 Day Repo Rate berpengaruh terhadap nilai aktiva bersih sebesar 63.1 persen. 

scholarly journals PENGARUH VARIABEL EKONOMI MAKRO TERHADAP PEMBIAYAAN PERBANKAN SYARIAH PERIODE 2010-2018

2021 ◽  
Vol 24 (1) ◽  
pp. 9-15
Author(s):  
Jie Novita
Keyword(s):  
Empirical Study ◽  
Interest Rates ◽  
Least Square ◽  
Quantitative Approach ◽  
Islamic Banking ◽  
Macroeconomic Variables ◽  
Ordinary Least Square ◽  
Bank Financing ◽  
Independent Variable ◽  
Repo Rate

The purpose of the research is to examine and analyze the effect of macroeconomic variables GDP and inflation on Islamic banking financing in Indonesian. Islamic bank financing is the dependent variable, whereas GDP, reference interest rates, and inflation are the independent variable. The data used is Islamic banking financing, GDP, reference interest rates, and inflation in Indonesian from 2010-1018. This empirical study uses a quantitative approach and method of OLS (Ordinary Least Square). The results of this research indicate that the GDP variable has positive and statistically significant effect on Islamic banking financing, the variable reference interest rates (BI Rate and BI Rate 7days Repo Rate) have negative and statistically significant effect on Islamic banking financing, the inflation variable has positive and statistically significant effect on Islamic banking financing.

scholarly journals Effectiveness and Forecasting of Interest Rate Reversal BI 7-Day Repo Rate in Indonesia: Lower Bound on Monetary Policy?

2018 ◽  
Vol 9 (1) ◽  
pp. 171-180
Author(s):  
I Gede Sanica ◽  
I Ketut Nurcita ◽  
I Made Mastra ◽  
Desak Made Sukarnasih
Keyword(s):  
Monetary Policy ◽  
Interest Rate ◽  
Time Series Data ◽  
Moving Average ◽  
Series Data ◽  
Autoregressive Integrated Moving Average ◽  
Implementation Of Monetary Policy ◽  
Repo Rate ◽  
The Right ◽  
The Impact

AbstractThis study aims to analyze effectivity and forecast of interest rate BI 7-Day Repo Rate as policy reference in the implementation of monetary policy. The method was used in this study contains Vector Autoregression (VAR) to estimate effectivity of BI 7-Day Repo Rate and Autoregressive Integrated Moving Average (ARIMA) to forecast of BI 7-Day Repo Rate. Period of observation in this study used time series data during 2016.4 until 2017.6. The result of this research shows that the transformation of the BI Rate to BI 7-Day Repo Rate is the right step in the monetary policy operation in the effort to reach deepening of the financial market and strengthen the interbank money market structure so that it will decrease loan interest rate and encourage credit growth. The effectiveness of the use of BI 7 Day-Repo Rate on price stability is indicated by the positive relationship between the benchmark interest rate and inflation compared to the BI Rate. The impact of BI 7-Day Repo Rate on economic growth that tends to be positive. Forecasting the use of BI 7-Day Repo Rate shows good results with declining value levels, so this will encourage deepening the financial markets.

Pengaruh Inflasi, BI-7 Day Reverse Repo Rate, Kurs, Jumlah Uang Beredar dan Indeks Harga Saham Gabungan terhadap Nilai Aktiva Bersih Reksa Dana Saham

Owner ◽  
2021 ◽  
Vol 5 (2) ◽  
pp. 358-367
Author(s):  
Jhon Lismart Benget. P.
Keyword(s):  
Exchange Rate ◽  
Mutual Funds ◽  
Money Supply ◽  
Mutual Fund ◽  
Stock Price ◽  
Price Index ◽  
Asset Value ◽  
Net Asset Value ◽  
Repo Rate ◽  
Stock Price Index

The purpose of this study is to examine the effect of inflation, BI-7 day reverses repo rate, exchange rate, the money supply, and composite stock price index on the net asset value of stock mutual funds. The population of this study is the stock mutual fund which was listed on the financial services authority in 2017-2020. The results of this study indicate that simultaneously inflation, BI-7 day reverse repo rate, exchange rate, the money supply, and composite stock price index affect the net asset value of the stock mutual fund. Partially, this study show BI-7 day reverse repo rate has a positive and significant effect on the net asset value of a stock mutual fund. The exchange rate has a positive and significant effect on the net asset value of stock mutual funds. The composite stock price index has a positive and significant effect on the net asset value of stock mutual funds. The money supply has a negative and significant effect on the net asset value of a stock mutual fund while inflation has no significant effect on the net asset value of a stock mutual fund.

Czech economy in 2000 and 2001

2000 ◽  
Vol 9 (2) ◽  
Author(s):  
Jiří Křovák ◽  
Jan Filáček
Keyword(s):  
Interest Rates ◽  
Current Account ◽  
Current Account Deficit ◽  
Domestic Demand ◽  
Fixed Investment ◽  
Real Wages ◽  
Repo Rate ◽  
The Current Account

We predict that GDP will grow 1.5 % in 2000 after falling 0.2 % in 1999. Sluggish growth in 2000 will be driven by domestic demand, namely fixed investment. Interest rates set by the CNB are now in a "parking zone". The two-week repo rate remains at 5.25 %. We do not expect any significant (upward) changes during the course of this year. We expect average annual inflation (CPI) to increase to 3.8 % in 2000. Unemployment will rise to 10.8 % (at yearend) and employment will decline by 2 %. Real wages will grow by a modest 1.6 %. We predict that the trade gap will widen to CZK 85 bil. and the current account deficit will comprise some 2.4 % of GDP in 2000. The CZK against the euro will be more or less nominally stable.

Kebijakan Portofolio Optimal Saham Syariah pada Indeks Saham Syariah Indonesia (ISSI) Menggunakan Model Indeks Tunggal pada Masa Pandemi Covid 19 (Periode Januari sampai dengan Juni 2020)

2020 ◽  
Vol 9 (2) ◽  
pp. 233-246
Author(s):  
Baiq Wardah
Keyword(s):  
Data Analysis ◽  
Stock Price ◽  
Sampling Method ◽  
Sampling Technique ◽  
Analysis Method ◽  
Purposive Sampling ◽  
Index Model ◽  
Advantages And Disadvantages ◽  
Single Index Model ◽  
Repo Rate

This research uses a quantitative approach using descriptive methods. The population of this research is all stocks that are included in the largest market capitalization for the period January - March 2020 with a total of 50 shares. The sampling technique used in this study was purposive sampling method, so that 28 stocks were obtained as the research sample. The variables of this research are stock price, JCI, Bi 7-Day Repo Rate, Return, Risk, Selected Shares and Proportion of Funds. The data analysis method used in this study is the Single Index Model. Based on the research results, it is concluded that there are 3 stocks that meet the criteria for optimal portfolio formation and the proportion of funds for each of these stock, namely PT. Fajar Surya Wisesa Tbk. (FASW) 53.40%, 45.48% stock of PT. Bayan Resources Tbk. (BYAN) by 45.48% and stock of PT. Pollux Properti Indonesia Tbk. (POLL) by 1.12%. The implication of this research is to provide an overview or information for investors about the advantages and disadvantages of Islamic stocks during the Covid-19 pandemic.   Penelitian ini menggunakan pendekatan kuantitatif dengan menggunakan metode deskriptif. Populasi penelitian ini adalah seluruh saham yang masuk dalam kapitalisasi pasar terbesar periode Januari – Maret tahun 2020 dengan jumlah 50 saham. Teknik pengambilan sampel pada penelitian ini menggunakan metode purposive sampling, sehhingga diperoleh 28 saham sebagai sampel penelitian. Variabel penelitian ini adalah harga saham, IHSG, Bi 7-Day Repo Rate, Return, Risiko, Saham Terpilih dan Proporsi Dana. Metode analisis data yang digunakan pada penelitian ini adalah Model Indeks Tunggal. Berdasarkan hasil penelitian diperoleh kesimpulan, bahwa terdapat 3 saham yang memenuhi kriteria pembentukan portofolio optimal dan besar proporsi dana masing-masing saham tersebut, yakni saham PT. Fajar Surya Wisesa Tbk. (FASW) sebesar 53,40%, 45,48% saham PT. Bayan Resources Tbk. (BYAN) sebesar 45,48% dan saham PT. Pollux Properti Indonesia Tbk. (POLL) sebesar 1,12%. Implikasi dari penelitian ini adalah memberikan gambaran atau informasi bagi para investor tentang potensi keuntungan dan kerugian saham syariah pada saat masa pandemi Covid-19.

Risk of full-blown Turkish currency crisis is rising

2020 ◽  
Keyword(s):  
Risk Premium ◽  
Economic Activity ◽  
Financial Stability ◽  
Corporate Debt ◽  
Infrastructure Projects ◽  
Sharp Decline ◽  
Corporate Sector ◽  
Content Type ◽  
Downward Pressure ◽  
Repo Rate

Significance Despite dramatic depreciation of the lira since early March, the TCMB is likely to continue cutting its benchmark one-week repo rate, now at 8.75%, as it tries to mitigate the sharp contraction in economic activity stemming from the COVID-19 pandemic. It is prioritising disinflationary pressures over threats to financial stability. This will push real rates deeper into negative territory, maintain downward pressure on the lira and fuel concerns about the external indebtedness of Turkey’s corporate sector. Impacts A likely requirement for cherished infrastructure projects to be axed is one factor behind Erdogan’s resistance to an IMF deal. The risk premium on Turkish dollar-denominated corporate debt is rising -- spreads have risen by 400 basis points in three months. Cheap oil is contributing to a sharp decline in Turkish inflation: the headline rate is likely to drop into single digits by July.

Any US Fed balance sheet unwinding may be disorderly

2020 ◽  
Keyword(s):  
Financial Markets ◽  
Federal Reserve ◽  
Balance Sheet ◽  
Target Range ◽  
Treasury Bills ◽  
Content Type ◽  
Treasury Securities ◽  
The Us ◽  
Repo Rate ◽  
The Interest Rate

Subject US Federal Reserve policy. Significance The US repurchase agreement (repo) rate, the interest rate on overnight loans backed by Treasury securities to facilitate a range of transactions, suddenly soared above 5% on September 15, 2019. There were immediate effects across financial markets, but the Federal Reserve (Fed) quickly bought up Treasury bills and the repo rate returned to the Fed’s 2.00-2.25% target range. However, concerns linger about whether a spike could recur. The Fed has increased its balance sheet by more than 10% since September but sees this as a temporary adjustment rather than a policy change. Impacts Having narrowed to 3.7 trillion dollars by August 2019, the Fed’s balance sheet could pass its 4.4-trillion-dollar record this year. The Fed will seek to ensure its has enough resources for corporate-tax payment dates but without increasing its holdings indefinitely. Increasing the size of the Fed’s balance sheet could limit the effectiveness of further balance sheet expansion in a future crisis.

ECB repo rate setting during the financial crisis

2011 ◽  
Vol 112 (2) ◽  
pp. 186-188 ◽  
Author(s):  
Stefan Gerlach
Keyword(s):  
Financial Crisis ◽  
Repo Rate
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