PENGARUH EKSPOR, IMPOR DAN NILAI KURS TERHADAP INFLASI DAN DAMPAKNYA TERHADAP RETURN PASAR DI BURSA EFEK INDONESIA

2015 ◽  
Vol 3 (1) ◽  
Author(s):  
Akhmad Sodiqin
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Market Data ◽  
Market Return ◽  
Macro Variables

The aim of this research is to analyze influence of macro variables which is expor, import and exchange to inflation partially or siumltanously and its impact to market return in capital market. Data which used to analyze that taken form 2011 untill 2013 of the year. Based on analyze, it concluded that export, import, exchange rate and inflation didn’t influence to inflation partially or simultanously which hapenned from 2011 untill 2013. Based path analyzes conncluded that export, import and exchange rate didn’t influence to market return through inflation.

Impact of exchange rate and oil price on the yield of sovereign bond and sukuk: Evidence from Malaysian capital market

2017 ◽  
Vol 5 (4) ◽  
pp. 27
Author(s):  
Huda Arshad ◽  
Ruhaini Muda ◽  
Ismah Osman
Keyword(s):  
Exchange Rate ◽  
Capital Market ◽  
Time Series Data ◽  
Oil Prices ◽  
Oil Price ◽  
Series Data ◽  
Sovereign Bond ◽  
Long Run ◽  
Short Run ◽  
The Impact

This study analyses the impact of exchange rate and oil prices on the yield of sovereign bond and sukuk for Malaysian capital market. This study aims to ascertain the effect of weakening Malaysian Ringgit and declining of crude oil price on the fixed income investors in the emerging capital market. This study utilises daily time series data of Malaysian exchange rate, oil price and the yield of Malaysian sovereign bond and sukuk from year 2006 until 2015. The findings show that the weakening of exchange rate and oil prices contribute different impacts in the short and long run. In the short run, the exchange rate and oil prices does not have a direct relation with the yield of sovereign bond and sukuk. However, in the long run, the result reveals that there is a significant relationship between exchange rate and oil prices on the yield of sovereign bond and sukuk. It is evident that only a unidirectional causality relation is present between exchange rate and oil price towards selected yield of Malaysian sovereign bond and sukuk. This study provides numerical and empirical insights on issues relating to capital market that supports public authorities and private institutions on their decision and policymaking process.

scholarly journals Cointegration of Stock Market and Exchange Rate in Indonesia

2019 ◽  
Vol 2 (2) ◽  
pp. 125 ◽  
Author(s):  
Pribawa E Pantas ◽  
Muhamad Nafik Hadi Ryandono ◽  
Misbahul Munir ◽  
Rofiul Wahyudi
Keyword(s):  
Exchange Rate ◽  
Stock Market ◽  
Capital Market ◽  
Global Financial Crisis ◽  
The Us ◽  
Us Dollar ◽  
The Exchange Rate ◽  
Johansen Cointegration Test ◽  
The Global Financial Crisis

This study aims to determine the long-term relationship between stock market and exchange rate in Indonesia. The research method used is Johansen cointegration test. The results of this study found no cointegration between the variables tested. Thus the exchange rate, JII, and IHSG have no relationship in the long term. The fluctuation of the rupiah exchange rate in recent years did not generally affect the performance of stock indices especially after the global financial crisis of 2008. This shows the capital market in Indonesia has a good performance so that it is not so sensitive to the sentiment of the decline in the rupiah against the US dollar. This finding is in line with the findings of Syahrer (2010) which states the exchange rate has no effect on the stock market.

Development and Challenges of Capital Market of Nepal: A survey

2021 ◽  
Vol 1 ◽  
pp. 35-39
Author(s):  
Babu Ram Panthi ◽  
Abmika Chalise
Keyword(s):  
Capital Market ◽  
Government Employees ◽  
Political Condition ◽  
Market Data ◽  
Systematic Development

It is survey-based article for the development and challenges of Nepalese capital market. Data are collected through open- ended and close- ended questionnaire. 80 respondents are selected from regulators (employees of SEBON, NEPSE, NRB, Insurance Board), employees of banking and insurance sectors, Government employees, Brokers, Lecturers/Students, and Corporate houses. Nepalese capital market is in the developing phase so there are many areas where it can focus for its systematic development. Many regulations have been formulated to support the current Nepalese capital market however political condition, limited participants of big investors and lack of proper implementation of rules and regulation had forced capital market as not favourable as it has to be.

scholarly journals Capital Market Determinants and Market Capitalization in Nigeria

2019 ◽  
Vol 11 (1) ◽  
pp. 462
Author(s):  
Cordelia Onyinyechi Omodero
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Capital Market ◽  
Positive Impact ◽  
Harmful Effect ◽  
National Development ◽  
Secondary Data ◽  
Economic Indicators ◽  
Market Capitalization ◽  
The Capital Market

Capital market plays a crucial role in a country’s national development and economic capacity building. However, there are economic forces that determine the success of a capital market development in every nation. This study investigates the role of these economic indicators in determining the capital market performance in Nigeria using secondary data covering a period from 1998 to 2018. These data have been sourced from the World Bank Development Indicators, International Monetary Fund and CBN Statistical Bulletin, 2018 edition. The results from the regression analysis indicate that exchange rate and inflation rate have immaterial undesirable consequence on capital market capitalization (CMC) while the interest rate exerts a weighty harmful effect on CMC. The study also provides evidence that the gross domestic product (GDP) has a substantial positive impact on CMC. The study among others suggests that the growth of the economy should be sustained in order to keep boosting the capital market. However, the economic indicators such as inflation, interest rate and exchange rate should be kept under strict control by the relevant authorities in the country.

Gains from Integration? An Empirical Hint from the Eurozone

2020 ◽  
Vol 28 (3) ◽  
pp. 483-512
Author(s):  
Ku-Hsieh Chen ◽  
Jen-Chi Cheng ◽  
Joe-Ming Lee ◽  
Chih-Chun Chen
Keyword(s):  
Risk Factor ◽  
Panel Data ◽  
Emerging Economies ◽  
Capital Market ◽  
Risk Premium ◽  
Output Growth ◽  
Market Return ◽  
Productivity Gain ◽  
Group A ◽  
Degree Of Risk

Has the eurozone (EZ) really gained from integration? This study applied two econometric frameworks, mGARCH and gMMPI, to test this hypothesis, using panel data that span 1996–2014, a total of 19 years, involving the EZ, EU, G8, G20 and some emerging economies. The empirical outcomes initially showed that the EZ economies experienced neither superior output growth nor a better capital market return than non-EZ economies or the pre-EZ period. They further suggested that each EZ country had a higher degree of risk bearing and, as a group, a greater risk linkage. Moreover, the results indicated that the EZ had a higher productivity gain if the risk premium was counted as part of productivity. Nonetheless, the EZ did not show a substantial productivity gain when the effect of the risk factor was controlled. The ratio of risk bearing to risk premium gain was shown to be 1 to 0.97. The general conclusion is that, other than the risk premium, there was no extra productivity gain for the EZ from taking the risk.

scholarly journals Analysis of Effect Macro Variable on International Trade of Indonesia

2016 ◽  
Vol 6 (2) ◽  
pp. 228
Author(s):  
Evania Rahma Octavia ◽  
Dwi Wulandari
Keyword(s):  
International Trade ◽  
Exchange Rate ◽  
Interest Rates ◽  
Money Supply ◽  
Price Index ◽  
Time Series Data ◽  
Consumer Price Index ◽  
Series Data ◽  
The Exchange Rate ◽  
Macro Variables

This study aims to determine the effect of macro variables which include Indonesia's real gross domestic income, money supply, consumer price index and interest rates on international trade mediated by the exchange rate of rupiah against the dollar. This type of research is descriptive research with quantitative approach. Determination of the sample based on quarterly time series data 2010-2014. This study uses path analysis. The results showed domestic gross product, the money supply, and interest rates together  have a significant effect on the exchange rate but the consumer price index do not have significant effect on the exchange rate. The results also show that the exchange rate has no significant effect on imports and exports. 

Sign in / Sign up

Export Citation Format

Share Document