An Investigation of Short- and Long-Term Impacts of Foreign Exchange Rate Fluctuations on Stock Index Revenue at the Tehran Stock Exchange Using ARDL Model

2015 ◽  
Vol 5 (3) ◽  
pp. 49
Author(s):  
Mohammad Esmail E'zazi ◽  
Safura Harati Sadegh
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Stock Exchange ◽  
Foreign Exchange Rate ◽  
Stock Index ◽  
Ardl Model ◽  
Exchange Rate Fluctuations ◽  
Short And Long Term

scholarly journals THE EFFECT OF MACROECONOMIC FACTORS ON THE NUMBER OF CORPORATE SUKUK OFFERS IN INDONESIA

2020 ◽  
Vol 1 (4) ◽  
pp. 593-605
Author(s):  
Haerul Ependi ◽  
Hakiman Thamrin
Keyword(s):  
Exchange Rate ◽  
Money Supply ◽  
Foreign Exchange ◽  
Significant Influence ◽  
Foreign Exchange Rate ◽  
Short Term ◽  
Macroeconomic Factors ◽  
Short And Long Term ◽  
Independent Variable

This study aims to analyze the effect of macroeconomics factors on corporate sukuk in Indonesia in the short and long term. The independent variable is Inflation, Economics Growth, Total Money Supply, Foreign Exchange Rate and Bank Indonesia (BI) Rate. Whereas the dependent variable is the number of sukuk corporations offered. The results of this study indicate that the Inflation, Economics Growth, Total money supply, and BI Rate have no significant effect on the number of corporate sukuk offered. While Foreign Exchange Rate has significant effect on the amount of corporate sukuk that offered. In the short term period, the total money supply has significant influence on the number of sukuk corporations offered while the rest have no significant effect

scholarly journals NET BUYING (SELLING) INVESTOR ASING DAN PERUBAHAN KURS TERHADAP PERGERAKAN INDEKS PASAR

2007 ◽  
Vol 6 (1) ◽  
Author(s):  
Ignatius Roni Setyawan
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Stock Exchange ◽  
Foreign Exchange Rate ◽  
Foreign Investor ◽  
Foreign Investors ◽  
Stationary Test

The article tested net buying selling in Jakarta Stock Exchange. JSX index stated an amazing leap during 2006 however the performance was affect by foreign investor rather than domestic investors. The research indicates that net buying selling forces by foreign investors and the fund transfer during transaction will affect the foreign exchange rate (USD to IDR). The study argues the increasing rate of net buying selling also increase the volatility of exchange rate. Using TARCH model, the research found significant result that supported the argument. The research also test the robustness of data using stationary test. Therefore, the result statistically hold and TARCH model plus AR (1) also hold during the analysis.

scholarly journals FOREIGN EXCHANGE MARKETS: AN ERROR CORRECTION MODEL ANALYSIS

2009 ◽  
Vol 6 (2) ◽  
Author(s):  
IBM Wiyasha
Keyword(s):  
Exchange Rate ◽  
Structural Stability ◽  
Foreign Exchange ◽  
Foreign Exchange Rate ◽  
Correction Model ◽  
Equilibrium Relationship ◽  
Exchange Markets ◽  
Exchange Rate Markets

This study aims at investigating the behavior of foreign exchange rate markets in Indonesia using 1350 daily observations. Another objective of this study is to examine the structural stability due to Bali bombing chapter I and II. The markets being investigated are USD, AUD, SGD, and YEN; all relative to rupiah. The ECM is applied to investigate the behavior of the markets aforementioned. The findings of this study are that the markets are co integrated and there is a long term equilibrium relationship among them. Using the Chow test, this study finds that there is no structural stability in the markets after Bali bombing chapter I and II.

Modelling foreign exchange rate transaction exposure of UK insurance companies

2016 ◽  
Vol 32 (2) ◽  
pp. 120-136
Author(s):  
Islam Amer
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Cash Flow ◽  
Estimation Method ◽  
Foreign Exchange Rate ◽  
Insurance Companies ◽  
Content Type ◽  
Flow Estimation ◽  
Life Insurers ◽  
Short And Long Term

Purpose The purpose of this paper is to study the sensitivity of foreign exchange exposure through the cash flow estimation method using a sample of 59 UK insurance companies. This approach allows a decomposition of exposures into short- and long-term components. By revealing the nature of their cash flow exposures, companies can evaluate the effectiveness of their hedging programmes and focus their hedging efforts according to the nature of their exposures. Design/methodology/approach Martin and Mauer’s (2003, 2005) three-stage model is used to estimate foreign exchange rate transaction exposures for the sample of 65 UK insurance companies over the period 2004-2013. However, this paper has one important innovation to this method. Instead of the model used in previous papers, the paper uses a model from the actuarial field that was proposed by Blum et al. (2001) for modelling foreign exchange rates with their relevant constituents (inflation and interest rate). Findings The evidence shows that the currency transaction exposure for non-life insurers is greater than that of life insurers. Moreover, the author finds that large insurers exhibit lower frequencies of foreign exchange transaction exposure than small insurers. Originality/value The value of this paper comes from the fact that revealing the nature of cash flow exposures, companies can evaluate the effectiveness of their hedging programmes and focus their hedging efforts according to the nature of their exposures.

PENGARUH TINGKAT SUKU BUNGA DEPOSITO, KURS VALUTA ASING DAN TINGKAT INFLASI TERHADAP VOLUME PERDAGANGAN SAHAM PADA BURSA EFEK INDONESIA

2021 ◽  
pp. 339-352
Author(s):  
Susi E. Situmeang ◽  
Kornel Munthe ◽  
Antonius M Purba
Keyword(s):  
Exchange Rate ◽  
Interest Rate ◽  
Foreign Exchange ◽  
Trading Volume ◽  
Inflation Rate ◽  
Stock Exchange ◽  
Foreign Exchange Rate ◽  
Survey Method ◽  
Manufacturing Companies ◽  
Stock Trading

The purpose of this study was to determine the effect of deposit interest rates, foreign exchange rates and inflation rates on the volume of stock trading on the Indonesia Stock Exchange. This study applies a survey method to 54 Manufacturing companies that have been listed on the Indonesia Stock Exchange for the 2017-2019 period. The sampling technique used the proportional random sampling method. The research data were analyzed using multiple linear regression analysis. The results showed that the variable deposit interest rate, foreign exchange rate, inflation rate simultaneously had a significant effect on stock trading volume and the variable deposit interest rate, foreign exchange rate, inflation rate partially had a positive and significant effect on the volume of stock trading in manufacturing companies in Indonesia. Indonesia stock exchange. The coefficient of determination (R^2) is 50.7 percent, this shows that variations in the variable deposit interest rate, foreign exchange rate, inflation rate can explain the variation in stock trading volume 50.7%.

scholarly journals ANALYSIS OF FACTORS AFFECTING THE INDONESIAN SYARIAH STOCK INDEX (ISSI) ON THE INDONESIAN STOCK EXCHANGE (IDX)

2019 ◽  
Vol 8 (2) ◽  
pp. 26
Author(s):  
Siska Angriani Hasibuan ◽  
Armin Rahmansyah
Keyword(s):  
Exchange Rate ◽  
Stock Exchange ◽  
Stock Index ◽  
Variable Amount ◽  
Short Term ◽  
Correction Model ◽  
Factors Affecting ◽  
Independent Variables ◽  
The Relationship

The Indonesian Syariah Stock Index (ISSI) is an indicator that can be used by investors to know the movements of the sharia stock market. This research aims to analyze the effect of the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX). The analysis uses equations by the method of Error Correction Model (ECM). This study analyzed the relationship between the dependent and independent variables in both the short term and long term. Estimation results show that in the long term and the short term, the variable amount of the inflation was a positif and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). The variable amount of the BI rate and exchange rate was a negative and significant in the short term but not significant in the long term affect the Indonesian Syariah Stock Index (ISSI). These results show that inflation, BI rate and exchange rate was significant in the short term affect the Indonesian Syariah Stock Index (ISSI) on the Indonesian Stock Exchange (IDX).

scholarly journals Effect of Foreign Exchange Rate Fluctuations on Nigerian Economy

2017 ◽  
Vol Volume-2 (Issue-1) ◽  
pp. 1558-1568
Author(s):  
UFOEZE, Lawrence Olisaemeka ◽  
OKUMA, N. Camilus ◽  
Prof. Clem NWAKOBY ◽  
Keyword(s):  
Exchange Rate ◽  
Foreign Exchange ◽  
Foreign Exchange Rate ◽  
Exchange Rate Fluctuations
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