ANALISIS HARGA EMAS DI INDONESIA (Studi Empiris Tahun 1996-2020)

2021 ◽  
pp. 128-136
Author(s):  
Lastri Lastri
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Gdp Per Capita ◽  
Significant Positive Effect ◽  
Gold Production ◽  
Dollar Exchange Rate ◽  
Negative Effect ◽  
Us Dollar ◽  
Per Capita ◽  
Positive Effect

Gold is a profitable investment from other types of investment. The price of gold in Indonesia increases every year. This is caused by several factors, namely US Dollar exchange rate, deposit interest rate, inflation, GDP per capita, and gold production. The Data used is time series data from 1990 – 2020 which are from Bank Indonesia, Kementerian Perdagangan, BPS Indonesia dan Gold Price. The research method is multiple linear regression. The result showed by partial test (t-test) that US Dollar exchange rate has a negative effect not significant on the price of gold, deposit interest rate has a significant negative effect on the price of gold, inflation has a positive effect not significant on the price of gold, GDP per capita has a significant positive effect on the price of gold, and the production of gold has a significant positive effect on the price of gold. For F-test US Dollar exchange rate, deposit interest rate, inflation, GDP per capita, and gold production has a significant effect on the price of gold. The Coefficient of Determination (R2) can be said that variance price of gold is 97,4% explained by US Dollar exchange rate, deposit interest rate, inflation, GDP per capita, gold production and the remaining is 2,6% explained by the other variables outside the research model such as Indonesia Composite Index (ICI), World Crude Oil Prices and the others.

scholarly journals Impact of US dollar exchange rate and inflation on profitability

2022 ◽  
Vol 9 (1) ◽  
pp. 131-137
Author(s):  
Andri Azmi ◽  
Mohamad Adam ◽  
Marlina Widiyanti ◽  
Shelfi Malinda
Keyword(s):  
Exchange Rate ◽  
Data Analysis ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Dollar Exchange Rate ◽  
Analysis Technique ◽  
Study Results ◽  
Us Dollar ◽  
Research Period ◽  
Positive Effect

This study aims to examine the significance of the effect of the dollar exchange rate and inflation on the profitability of PT. Pupuk Sriwidjaja Palembang. Profitability in this study is measured by return on assets (ROA) with the research period from 2014-2020. The data analysis technique for testing the hypothesis in this study used multiple linear regression. The study results concluded that the dollar exchange rate and inflation had a significant positive effect on the profitability (ROA) of PT. Pupuk Sriwidjaja Palembang during 2014-2020.

scholarly journals ANALISIS PENGARUH JUMLAH UANG BEREDAR (M1), SUKU BUNGA SBI, NILAI TUKAR SUKU BUNGA DEPOSITO TERHADAP TINGKAT INFLASI

Media Ekonomi ◽  
2017 ◽  
Vol 19 (3) ◽  
pp. 43
Author(s):  
Fadli Ferdiansyah
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Interest Rates ◽  
Money Supply ◽  
Significant Positive Effect ◽  
Significant Negative Effect ◽  
Negative Effect ◽  
Positive Effect

<p>Inflation is one of the effects of a prolonged economic crisis that hit the country. Inflation is a situation where there is an increase in general prices which continuesover the  long term. The purpose of this study was to determine the effect of the money supply, interrst rate, deposit interest rate and exchange rate (Rp/USD) of the inflation in 2006 – 2011.6 The result of this study suges that the suppy of money have no significant positive effect on inflation. SBI rate have positive and significant effect on inflation. Deposit have rate and no significant negative effect on inflation. Exchange Rate have no significant negative effect on inflation.</p><p>Keywords : Money Supply, Interest Rates, Deposit Interest Rates, Exchange Rate    (IDR /USD), Multiple  Linear Regression, Inflation</p>

scholarly journals EFECT OF FOREIGN EXCHANGE RATE FLUCTUATIONS ON NIGERIAN ECONOMY

10.26458/1814 ◽  
2018 ◽  
Vol 18 (1) ◽  
pp. 105-122
Author(s):  
Lawrence Olisaemeka UFOEZE ◽  
Camilus OKUMA, N. ◽  
Clem NWAKOBY ◽  
Udoka Bernard Alajekwu
Keyword(s):  
Economic Growth ◽  
Exchange Rate ◽  
Money Supply ◽  
Significant Positive Effect ◽  
Exchange Rate Fluctuations ◽  
Fixed Exchange Rate ◽  
Oil Revenue ◽  
Time Period ◽  
Negative Effect ◽  
Positive Effect

This study investigated the effect of exchange rate fluctuations on Nigerian economy. The fixed and floating exchange eras were compared to know the exchange rate system in which the economy has fairly better. The time period covered was 1970 to 2012. The study employed the ordinary least square (OLS) multiple regression technique for the analysis. The coefficient of determination (R2), F-test, t-test, beta and Durbin-Watson were used in the interpretation of the results. The resulted revealed that about 85% of the changes in macroeconomic indicators are explained in the fixed exchange era. In the floating exchange era, 99% was explained while the whole periods has 73% explanatory power, hence the floating exchange era (1986 to date) is more effective in explaining economic trend in Nigeria. Also, exchange rate has significant positive effect on GDP during the fixed exchange rate era and negative effect the eras floating and all-time; inflation has insignificant negative effect on GDP during the fixed exchange era; significant effect in floating era and significant negative effect in the all-time period; money supply has insignificant negative effect GDP in fixed exchange era; and significant positive effect during the floating and all-time period; and oil revenue has significant positive effect on the GDP in all the exchange rate regimes (floating, fixed and all-time) in Nigeria.  The study thus conclude that exchange rate movement is a good indicator for monitoring Nigerian economic growth. So far exchange rate has always been a key economic indicator for Nigeria. The floating exchange period has outperformed the fixed exchange rate in terms of contribution inflation, money supply and oil revenue to economic growth. This indicate that the floating exchange rate has been a better economic regime for sustainable economic growth in Nigeria. From the findings, it is evident that oil revenue has positive effect in Nigeria and has remained the mainstay of the economy. It is thus recommended among other things that a positive exchange rate stock should be monitored regularly, so as not to allow those that find exchange rate as an avenue of investment like banks and public carry out their business, which is more devastating to the economy. 

scholarly journals Export Contribution of Micro, Small and Medium Enterprises to GDP Per capita in Indonesia

2021 ◽  
Vol 4 (3) ◽  
pp. p11
Author(s):  
Deddy Tri Harjanto ◽  
Cicih Ratnasih ◽  
Yolanda Yolanda
Keyword(s):  
Exchange Rate ◽  
Gross Domestic Product ◽  
Research Method ◽  
Inverse Relationship ◽  
Small And Medium Enterprises ◽  
Gdp Per Capita ◽  
Negative Effect ◽  
Per Capita ◽  
The Exchange Rate ◽  
Medium Enterprises

This study will determine how much the influence of the exchange rate, the number of MSMEs, investment, credit, and inflation on MSME exports nationally, and how they contribute to GDP per capita. The research method uses multiple regression with data transformation ln. The results of the study consist of model 1, the exchange rate factor, the number of MSMEs, investment, credit, and inflation are variables that influence increasing the number of product exports produced from the MSME sector. In the second model, the contribution of MSME exports to GDP per capita. The results showed that of all significant positive variables and one significant negative variable. The investment required in Indonesia, whose number continues to increase yearly, affects the high number of products exports from the MSME sector. For this reason, investment factors must continue to be considered to increase MSME exports. In contrast, the contribution of the inflation variable has a significant negative effect, which is an inverse relationship to MSME exports. It is predicted that if inflation is low, MSME exports will increase, and vice versa if inflation is high, MSME exports will decline. Furthermore, model 2 shows that MSME exports significantly contribute to gross domestic product per capita. In this case, the ups and downs of Micro, Small, and Medium Enterprises' exports need special attention.

scholarly journals Pengaruh Makro Ekonomi Terhadap Profitabiltas Bank Umum Syariah di Indonesia Tahun 2014-2018

2019 ◽  
Vol 2 (1) ◽  
pp. 72
Author(s):  
Wahyudin Priyono ◽  
Imanda Firmantyas Putri Pertiwi
Keyword(s):  
Exchange Rate ◽  
Financial Services ◽  
Secondary Data ◽  
Least Square ◽  
Islamic Banks ◽  
Significant Positive Effect ◽  
Ordinary Least Square ◽  
Negative Effect ◽  
Positive Effect ◽  
Variable Exchange

This study aims to analyze and identify the effects of inflation and rupiah exchange rates on profitability in Islamic banks in Indonesia with mudharabah deposit as the mediator. Using secondary data that are published by the central bank of Indonesia and financial services authority, the method used in this research is Ordinary Least Square. The result indicates the inflation variable, exchange rate, and mudharabah deposits simultaneously give a significant influence toward profitability (ROA) of the Sharia Commercial Bank in Indonesia. While partially, inflation and exchange rate have no significant effect on profitability (ROA). While mudharabah deposits have a significant positive effect on profitability (ROA). Inflation has a significant negative effect on mudharabah deposits and the exchange rate has a significant positive effect on mudharabah deposits. The path analysis result shows that the mudharabah deposit variable is unable to mediate the effect of inflation and te exchange rate to profitability (ROA)

scholarly journals Factors That Influence Water Demand in Special Region Yogyakarta

2020 ◽  
Vol 9 (4) ◽  
pp. 391-401
Author(s):  
Auladina Rizqina ◽  
Deky Aji Suseno
Keyword(s):  
Water Demand ◽  
Secondary Data ◽  
Significant Positive Effect ◽  
Operational Costs ◽  
Modeling Analysis ◽  
Analysis Technique ◽  
Negative Effect ◽  
Per Capita ◽  
Positive Effect ◽  
Special Region

The demand for water in Special Region Yogyakarta, which is increasing every year, is not matched by the quality and effectiveness of water production. The distribution of PDAM water is uneven in every region in the Special Province of Yogyakarta. The purpose of this study is to determine the effect of water prices, the number of hotels, the number of industries, and the GRDP per capita of the population, also, in order to determine the effect of employee retribution and operational costs of the PDAM on PDAM water prices. The study uses secondary data analysis technique used is descriptive statistical analysis and SEM structural modeling analysis. The results showed that the number of employees had a significant positive effect on remuneration for PDAM employees. Reply to PDAM employee services and PDAM operational costs affect water prices. At the same time, the price of PDAM water and GDRP per capita of the population has a significant positive effect on PDAM water demand. The number of hotels and industries that subscribe to water in PDAMs has a significant negative effect on water demand.

scholarly journals MODEL DINAMIS AUTOREGRESSIVE DISTRIBUTED LAG (STUDI KASUS: PENGARUH KURS DOLAR AMERIKA DAN INFLASI TERHADAP HARGA SAHAM TAHUN 2014-2018)

2020 ◽  
Vol 9 (4) ◽  
pp. 240
Author(s):  
MAHMUDATUL AQIBAH ◽  
NI LUH PUTU SUCIPTAWATI ◽  
I WAYAN SUMARJAYA
Keyword(s):  
Exchange Rate ◽  
Dynamic Model ◽  
Stock Price ◽  
Distribution Model ◽  
Dollar Exchange Rate ◽  
Distributed Lag ◽  
Autoregressive Distributed Lag ◽  
Negative Effect ◽  
Time Series Plot ◽  
Us Dollar

The aim of this research is to determine the dynamic model equation of autoregressive distributed lag by using koyck method, to find out the effect of log US dollar exchange rate and log inflation on log stock price in 20142018, and to forecast value of log stock price on January 2019August 2019. The data used in 20142018. The data was transformed into logarithm format. Time series plot of log US dollar exchange rate, log inflation, and log stock price suggest that the fluctuation in the data, for instance, both upward and downward trends, during the period. We obtained that the Koyck transformation could changed the lag distribution model into autoregressive distributed lag (ARDL) dynamic model. Furthermore, the log of US dollar exchange rate and log inflation have negative effect on log stock price in particular period. We measured forecasting accuracy using mean absolute prediction error (MAPE) and concluded that ARDL forecasting using Koyck model shows a significant increase in stock price.

scholarly journals ANALISIS PENGARUH PDRB, INFLASI, NILAI KURS, DAN TENAGA KERJA TERHADAP PENERIMAAN PAJAK PADA KABUPATEN CILACAP, BANYUMAS, PURBALINGGA, KEBUMEN DAN PURWOREJO

2018 ◽  
Vol 7 (1) ◽  
pp. 23-37
Author(s):  
Mispiyanti Mispiyanti ◽  
Ika Neni Kristanti
Keyword(s):  
Exchange Rate ◽  
Government Expenditures ◽  
Tax Revenue ◽  
Dollar Exchange Rate ◽  
Us Dollar ◽  
The Exchange Rate ◽  
State Financing ◽  
Data Realization ◽  
Employment Data ◽  
Positive Effect

Taxes serve to reduce inequalities among the population and thus demand substantial government expenditures for state financing which one of the sources is tax revenue. Butmany factors affect the high low tax revenue. This study aims to determine partially whether the GDP, inflation, the exchange rate of rupiah against US Dollar and labor have a positive effect on tax revenues and also to determine whether GRDP, inflation, the exchange rate of rupiah against US Dollar and labor in together have a positive effect on tax revenue. This study uses data realization of tax revenue, GDP data, inflation data, and employment data in the districts of Cilacap, Banyumas, Purbalingga, Kebumen, Purworejo as well as data on the Rupiah exchange rate against US Dollar. The results show that partially PDRB and labor positively affect the tax revenue while inflation and the exchange rate of rupiah against US Dollar have no positive effect on tax revenue. In together the variables PDRB, inflation, exchange rate and labor, significantly affect the variable tax revenue.   Keywords: tax revenue, GRDP, inflation, US Dollar exchange rate, labor

scholarly journals Pengaruh Capital Adequacy Ratio, Financing to Deposit Ratio, dan Kurs terhadap Return On Asset

2020 ◽  
Vol 2 (3) ◽  
pp. 187-194
Author(s):  
Annisa Indria Irnawati ◽  
Bambang Waluyo ◽  
Taufikul Ichsan
Keyword(s):  
Exchange Rate ◽  
Exchange Rates ◽  
Capital Adequacy ◽  
Islamic Banks ◽  
Significant Positive Effect ◽  
Return On Assets ◽  
Analysis Technique ◽  
Capital Adequacy Ratio ◽  
Negative Effect ◽  
Positive Effect

Purpose- This study aims to examine the effect of Capital Adequacy Ratio, Financing to Deposit Ratio, and exchange rates on Return On Assets in Islamic Banks for the period 2009 - 2017. Methods- The analysis technique used is multiple linear regression with the assistance of the Program Eviews. Finding- The results showed that CAR has a positive but not significant effect, while FDR has a significant positive effect, and the exchange rate has a significant negative effect on Return On Assets. AbstrakTujuan- Penelitian ini bertujuan untuk menguji pengaruh Capital Adequacy Ratio, Financing to Deposit Ratio, dan kurs terhadap Return On Asset pada Bank Syariah periode 2009 – 2017. Metode- Teknik analisis yang digunakan adalah regresi linier berganda berbantuan programEviews. Temuan- Hasil penelitian menunjukkan bahwa CAR berpengaruh positif namun tidak signifikan, sementara FDR berpengaruh positif signifikan, dan kurs berpengaruh negatif signifikan terhadap Return On Asset

scholarly journals Pengaruh Variabel Makro Ekonomi Terhadap Indeks Jakarta Islamic Index (JII) Periode Januari 2010 Hingga November 2015

2017 ◽  
Vol 3 (1) ◽  
pp. 70
Author(s):  
Ayu Tri Utami ◽  
Leo Herlambang
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Linear Regression ◽  
Interest Rates ◽  
Multiple Linear Regression ◽  
Independent Variables ◽  
Negative Effect ◽  
Study Population ◽  
Positive Effect ◽  
Science Governance

The study aimed to know whether there were influences of inflation, interest rate, and exchange rate on the Jakarta Islamic Index (JII). The study population were factors which influenced the Jakarta Islamic Index. The sample were those factors in the period of January 2010- November 2015. Multiple linear regression was used for the analysis. The analysis showed that inflation had a negative effect on Jakarta Islamic Index (JII) index, interest rates had a positive effect on Jakarta Islamic Index (JII) index, and the exchange rate had a positive effect on Jakarta Islamic Index (JII) index. All independent variables simultaneously had an effect on the Jakarta Islamic Index (JII) index. This study was expected to add insightsto science, governance and other fields.

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