scholarly journals The Impact of the Rupiah/Dollar Exchange Rate, Inflation Against the SBI Interest Rate During the New Normal Period

2021 ◽  
Vol 04 (12) ◽  
Author(s):  
Lusi Elviani Rangkuti ◽  
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Quantitative Research ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Dollar Exchange Rate ◽  
New Normal ◽  
Normal Period ◽  
The Impact

The Covid 19 pandemic has changed the order of Indonesian society and even the world; to prevent the spread of this virus, a new lifestyle or "New normal" is implemented, in which people can still do activities outside the home while adhering to health protocols. As a result of the economic sector's pandemic condition, the rupiah exchange rate against the dollar fell, as did inflation and interest rate values. The goal of this research is to determine the impact of the Rupiah exchange rate, inflation, and interest rates during the New Normal Period. The New Normal period, as we know, begins in early June 2020, so researchers plan to collect data from June 1, 2020 to March 31, 2021. The information used is skunder data. This study used saturated sampling or a census sample, which is a technique for determining "samples where all members of the population are used as samples." The research method used is quantitative research. The test is a multiple linear regression analysis that begins with a traditional assumption test that includes a normality test and a multicollinearity test. The findings revealed that during the New Normal period, the rupiah/dollar exchange rate had a positive and significant effect on SBI interest rates. During the New Normal period, inflation has a positive and significant impact on SBI interest rates. During the New Normal, the Exchange/Dollar Rate and the Inflation Rate both have a positive effect on the SBI Interest Rate.

scholarly journals Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

2021 ◽  
Author(s):  
Mohammad Noor Salim ◽  
Gabriel Anugrah Pratama
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Linear Regression Analysis ◽  
Composite Index ◽  
Multiple Linear Regression Analysis ◽  
Stock Index ◽  
Company Performance ◽  
Dollar Exchange Rate

The LQ45 stock index is a stock index that concerns investors in monitoring the development of company performance that is included in the LQ45 index calculation. Several factors that can cause the movement of the LQ45 stock index include BI interest rates, exchange rates, and global stock exchanges such as the Shanghai Composite Index. The study was conducted to determine the effect of the BI interest rate, dollar exchange rate, yuan exchange rate and the Shanghai Composite Index (SSE) on the LQ45 stock index. The study was conducted using 121 samples consisting of monthly data for all variables from 2010 to 2020. Data analysis was performed using multiple linear regression analysis techniques. The results show the BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously have a significant effect on the LQ45 stock index. BI interest rate and yuan exchange rate partially have a significant effect on the LQ45 stock index. The dollar exchange rate and Shanghai Composite index have no significant effect on the LQ45 stock index. The BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously affect volume of transactions. Partially, BI interest rate, dollar exchange rate, yuan exchange rate have a significant effect on transaction volume, while Shanghai Composite index has no significant effect on transaction volume. Simultaneously, BI interest rate, dollar exchange rate, yuan exchange rate, and Shanghai Composite index have a significant effect on the LQ45 stock index with transaction volume as an intervening variable.

scholarly journals Analysis of Determinants of Stock Transaction Volume and Its Effect on the LQ45 Stock Price Index on IDX 2010-2020 Period

2021 ◽  
Vol 4 (2) ◽  
Author(s):  
Mohammad Noor Salim ◽  
◽  
Gabriel Anugrah Pratama
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Stock Price ◽  
Linear Regression Analysis ◽  
Composite Index ◽  
Multiple Linear Regression Analysis ◽  
Stock Index ◽  
Company Performance ◽  
Dollar Exchange Rate

The LQ45 stock index is a stock index that concerns investors in monitoring the development of company performance that is included in the LQ45 index calculation. Several factors that can cause the movement of the LQ45 stock index include BI interest rates, exchange rates, and global stock exchanges such as the Shanghai Composite Index. The study was conducted to determine the effect of the BI interest rate, dollar exchange rate, yuan exchange rate and the Shanghai Composite Index (SSE) on the LQ45 stock index. The study was conducted using 121 samples consisting of monthly data for all variables from 2010 to 2020. Data analysis was performed using multiple linear regression analysis techniques. The results show the BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously have a significant effect on the LQ45 stock index. BI interest rate and yuan exchange rate partially have a significant effect on the LQ45 stock index. The dollar exchange rate and Shanghai Composite index have no significant effect on the LQ45 stock index. The BI interest rate, dollar exchange rate, yuan exchange rate and Shanghai Composite index simultaneously affect volume of transactions. Partially, BI interest rate, dollar exchange rate, yuan exchange rate have a significant effect on transaction volume, while Shanghai Composite index has no significant effect on transaction volume. Simultaneously, BI interest rate, dollar exchange rate, yuan exchange rate, and Shanghai Composite index have a significant effect on the LQ45 stock index with transaction volume as an intervening variable.

scholarly journals EFFECTS OF INFLATION, INTEREST, AND EXCHANGE RATE ON JAKARTA ISLAMIC INDEX 2017-2020

2021 ◽  
Vol 8 (2) ◽  
pp. 147
Author(s):  
Theresia Putri Primartha ◽  
Nana Diana
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Interest Rates ◽  
Negative Impact ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Body Of Knowledge ◽  
Significant Negative Impact ◽  
The Interest Rate ◽  
Index Exchange

ABSTRAKDengan ketersediaan nya pengetahuan terkait pasar modal, Penelitian ini mencoba untuk menganalisa pengaruh inflasi, tingkat suku bunga, dan nilai tukar mata uang rupiah (Kurs) pada “Jakarta Islamic Index (JII). Variabel independen yang digunakan dalam penelitian ini adalah inflasi (X1), tingkat suku bunga (X2), dan nilai tukar rupiah (X3) sedangkan variabel dependen yang digunakan adalah “Jakarta Islamic Index (JII). Tipe penelitian ini menggunakan penelitian deskriptif atau statistika inferensial dengan pendekatan kuantitatif. Populasi penelitian mencakup aspek-aspek yang mempengaruhi “Jakarta Islamic Index. Sampel yang digunakan adalah aspek aspek tersebut pada periode Januari 2017- Oktober 2020. Jenis analisis yang digunakan pada studi ini adalah analisis regresi linier berganda. Hasilnya, inflasi memberikan efek positif yang besar terhadap JII, tingkat suku bunga berpengaruh positif dan substansial terhadap JII, dan nilai tukar rupiah juga sangat memberikan pengaruh negatif terhadap JII. Penelitian ini dituntut agar bisa memberikan ilmu baru terkait, politik, sains, dan bidang lainnya.Kata kunci: inflasi, Jakarta Islamic Index, nilai tukar, suku bunga. ABSTRACTWith the vast body of knowledge in capital market, this study attempts to determine the effect of inflation, interest rates, and the exchange rate of the rupiah upon the Jakarta Islamic Index (JII). The independent variables in this research are inflation (X1), interest rate (X2), and rupiah exchange rate (X3), and the dependent variable are Jakarta Islamic Index (Y). The research methodology used is descriptive or inferential statistics research, relying on the qualitative instrument. Hence, the population covers the factors that influence the Jakarta Islamic Index, and the sample used is those of ranges from January 2017 to October 2020. Multiple linear regression analysis is used in this study. The results showed that inflation has a significant deficiency upon the Jakarta Islamic Index (JII). The interest rate has a positive and significant effect on the Jakarta Islamic Index (JII), and the rupiah exchange rate has a significant negative impact on the Jakarta Islamic Index (JII). This research is subjected to provide more comprehensive insight into politics, social science, and other fields.Keywords:  inflation, Jakarta Islamic Index, exchange rate, interest rates.

scholarly journals Pengaruh Suku Bunga, Loan to Deposit Ratio (LDR) dan Pertumbuhan Kredit terhadap Inflasi di Indonesia

Jurnal Ecogen ◽  
2019 ◽  
Vol 1 (3) ◽  
pp. 557
Author(s):  
Putri Yeni ◽  
Syamsul Amar ◽  
Alpon Satrianto
Keyword(s):  
Time Series ◽  
Regression Analysis ◽  
Interest Rate ◽  
Interest Rates ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Credit Growth ◽  
Descriptive Research ◽  
Positive Effect

This study aims to analyze the influence of interest rates, Loan to Deposit Ratio (LDR) and credit growth to inflation in Indonesia. This type of research is descriptive research and uses secondary data in the form of time-series from 2007 to 2016 using the method of multiple linear regression analysis. The results of this study indicate that interest rates have a significant and positive effect on inflation in Indonesia. The Loan to Deposit Ratio (LDR) has a significant and positive effect on inflation in Indonesia. Credit growth has a significant and positive effect on inflation in Indonesia. Based on the results of this study it can be concluded that there is a significant influence between interest rates, Loan to Deposit Ratio (LDR) and credit growth to inflation in Indonesia. Keyword: Inflation, Interest Rate, Loan to Deposit Ratio (LDR), Credit Growth

scholarly journals The Impact of Corporate Social Responsibility on Firm’s Financial Performance in Malaysia

2018 ◽  
Vol 13 (3) ◽  
pp. 220
Author(s):  
Dilashenyi Devi Selvarajah ◽  
Uma Murthy ◽  
Mathavi Massilamani
Keyword(s):  
Financial Performance ◽  
Employee Engagement ◽  
Quantitative Research ◽  
Linear Regression Analysis ◽  
Sampling Technique ◽  
Multiple Linear Regression Analysis ◽  
Research Approach ◽  
Business Risk ◽  
Company Reputation ◽  
The Impact

The present research aims at investigating the impact of CSR on firm’s financial performance in Malaysia. Based on gaps in extant literature, the current study hypothesizes that four (4) independent variables comprising business risk, company reputation, employee engagement and stakeholder concern will exert statistically significant influences on the dependent variable, firm’s financial performance. The research employs a quantitative research approach whereby a sample 153 respondents were collected using a stratified random sampling technique. Employing SPSS software, multiple linear regression analysis was carried out. The results of multiple regression revealed that out of the four (4) hypotheses of the research, three (3) were supported whilst one (1) was not. In particular, it was shown that business risk, company reputation and stakeholder concern exert statistically significant influences on firm’s financial performance. However, there was no enough evidence to support the claim that employee engage can significantly influence firm’s financial performance. Several implications from the research were further discussed and elaborated.

scholarly journals THE EFFECT OF TRANSFERING ISRAEL CAPITAL CITY TO JERUSALEM TOWARD INDONESIA MACRO ECONOMY

2020 ◽  
Vol 3 (2) ◽  
pp. 260-282
Author(s):  
Liliek Nur Sulistiyowati
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Crude Oil ◽  
Interest Rates ◽  
Oil Prices ◽  
Donald Trump ◽  
State Budget ◽  
Crude Oil Prices ◽  
Macroeconomic Indicators ◽  
The Impact

United States President Donald Trump has just issued a controversial policy by giving Jerusalem recognition as the capital of Israel. This controversial policy triggered a strong reaction from a number of countries, especially Islamic countries including Indonesia. Indonesia through President Jokowidodo strongly condemned the policy of moving the Israeli capital to Jerusalem because it would disrupt political and security stability in the Middle East region. In the midst of the political impact caused by President Donald Trump's policies also affected the global economy. The world stock exchanges reacted immediately with the existence of these policies, one of which was the fall of the stock market index in Japan and South Korea due to investor concerns. The impact of the policies implemented by President Donald Trump also affected the Indonesian economy. This policy will affect the financial markets and capital markets in Indonesia. Trump's policy triggered an increase in the US $ exchange rate against the currencies of other countries including the Indonesian currency. Some of the negative effects on the Indonesian economy were the increase in world crude oil prices. Indonesia is currently no longer an oil exporting country, so that with the increase in world crude oil prices it will provide a fiscal burden in the State Budget (APBN). Fuel subsidies in the state budget will increase along with the increase in world crude oil prices that occur. In addition to the impact on the rupiah exchange rate against the US $, Donald Trump's policy also affects the inflation rate and the SBI interest rate. Through 2018, Bank Indonesia has raised the SBI interest rate by 150 basis points (bps) or 1.5%. The BI Governor explained that one reason for changing the benchmark interest rate was US monetary policy. The determination of high SBI interest rates also had an effect on reducing inflationary pressures. This study aims to look at the influence of President Donald Trump's policies regarding the transfer of the Israeli capital to Jerusalem against Indonesia's macroeconomic indicators. Indonesia's macroeconomic indicators are seen from 3 variables, such as the inflation rate, SBI interest rates and the rupiah exchange rate against US $ Key words :  Donald Trump, inflation, SBI interest rates, exchange rates / exchange rates  

scholarly journals Pengaruh Nilai Tukar, Tingkat Pertumbuhan Ekonomi, Dan Tingkat Inflasi Terhadap Jakarta Islamic Index

2019 ◽  
Vol 2 (2) ◽  
pp. 187
Author(s):  
Aqinatul Munawaroh Agustina ◽  
Abdul Haris Naim ◽  
Surepno S
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Quantitative Research ◽  
Sampling Method ◽  
Linear Regression Analysis ◽  
Secondary Data ◽  
Multiple Linear Regression Analysis ◽  
Data Sources ◽  
Analysis Method ◽  
Secondary Data Sources

<p class="bdabstract"><em>The purpose of this study was to analyze the effect of the rupiah exchange rate, economic growth and inflation on the Jakarta Islamic Index. This type of research is quantitative research with secondary data sources. The sampling method uses purposive sampling method. The data analysis method used in this research is multiple linear regression analysis. The results of this study indicate that partially the rupiah exchange rate has a significant effect on the Jakarta Islamic Index while economic growth and inflation have no significant effect on the Jakarta Islamic Index. Simultaneously variables of the rupiah exchange rate, economic growth, and inflation significantly influence the Jakarta Islamic Index.</em></p>

scholarly journals Pengaruh Nilai Tukar (Kurs), Inflasi dan Tingkat Suku Bunga Tabungan terhadap Volume Tabungan Masyarakat pada Bank Umum Pemerintah di Indonesia (Periode 2013-2017)

2020 ◽  
Vol 3 (1) ◽  
pp. 29-37
Author(s):  
Ni Kadek Rita Yanti ◽  
A. A. Ketut Jayawarsa ◽  
I Gde Agung Wira Pertama
Keyword(s):  
Regression Analysis ◽  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Multiple Linear Regression ◽  
Commercial Banks ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
T Test ◽  
F Test

This study entitled The Effect of Exchange Rate (Exchange), Inflation, and Interest Rates on Savings Against the Volume of Public Savings in Government Commercial Banks in Indonesia for the period 2013-2017. The formulation of the problem: How the Effect of Exchange Rate (Exchange), Inflation, and Interest Rate Savings Against the Volume of Public Savings at Government Commercial Banks in Indonesia Period 2013-2017 simultaneously and partially. The purpose of this study are: To analyze the effect of Exchange Rate (Exchange ), Inflation, and Interest Rate Savings Against the Volume of Public Savings in Government Commercial Banks in Indonesia Period 2013-2017 simultaneously and partially. This research was conducted at the Government Commercial Bank through the website www.bi.go.id and www.ojk.go.id. The analytical tool used is Multiple Linear Regression Analysis, F Test (F-test), and t Test (t-test), before multiple linear regression analysis is carried out descriptive analysis of data and Classical Assumption Test, Results obtained from regression multiple linear is Y = 13,069 + 0,591 X1 + 0,040 X2 + 0,843 X3.

scholarly journals ANALISIS PENGARUH INFLASI, NILAI TUKAR RUPIAH, DAN SUKU BUNGA TERHADAP RETURN SAHAM PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

KINDAI ◽  
2020 ◽  
Vol 16 (2) ◽  
pp. 262-275
Author(s):  
Richson Pardamean Silaban
Keyword(s):  
Exchange Rate ◽  
Interest Rates ◽  
Stock Returns ◽  
Quantitative Methods ◽  
Banking Sector ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Macroeconomic Variables ◽  
Company Stock

Abstrak : Kondisi moneter dan pergerakan variabel makro ekonomi merupakan hal yang perlu diperhatikan oleh seorang investor dalam melakukan aktivitas perdagangan saham di suatu negara. Keadaan ekonomi dan pergerakan variabel makro dalam suatu negara dapat mempengaruhi return saham, termasuk dalam sektor perbankan. Penelitian ini bertujuan untuk mengetahui pengaruh variabel makro ekonomi yaitu inflasi, nilai tukar rupiah, dan suku bunga terhadap return saham perusahaan perbankan yang terdaftar di BEI. Penelitian ini menggunakan metode kuantitatif. Populasi dalam penelitian ini adalah seluruh perusahaan perbankan yang terdaftar di Bursa Efek Indonesia pada periode 2014-2018, sedangkan sampel dalam penelitian ini adalah 29 perusahaan perbankan yang memenuhi kriteria penelitian. Teknik analisis data dalam penelitian ini menggunakan analisis regresi linier berganda. Hasil penelitian ini menunjukkan bahwa secara simultan variabel inflasi, nilai tukar rupiah, dan suku bunga berpengaruh secara signifikan terhadap return saham perusahaan perbankan. Secara parsial variabel inflasi, nilai tukar rupiah, dan suku bunga juga berpengaruh secara signifikan terhadap return saham perusahaan perbankan. Variabel yang memiliki pengaruh paling dominan adalah nilai tukar rupiah.   Kata kunci: Inflasi, Nilai Tukar Rupiah, Suku Bunga, Return Saham     Abstact : Monetary conditions and movement of macroeconomic variables are things that need to be considered by an investor in carrying out stock trading activities in a country. Economic conditions and movements of macro variables in a country can affect stock returns, including in the banking sector. This study aims to determine the effect of macroeconomic variables, namely inflation, rupiah exchange rate, and interest rates on stock returns of banking companies listed on the IDX. This research uses quantitative methods. The population in this study were all banking companies listed on the Indonesia Stock Exchange in the 2014-2018 period, while the sample in this study was 29 banking companies that met the research criteria. Data analysis techniques in this study used multiple linear regression analysis. The results of this study indicate that simultaneously inflation, rupiah exchange rate, and interest rates variables significantly influence the stock returns of banking companies. Partially, inflation, rupiah exchange rate, and interest rates also have a significant effect on banking company stock returns. The variable that has the most dominant influence is the rupiah exchange rate.   Keywords: Inflation, Rupiah Exchange Rates, Interest Rates, Stock Returns  

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