The Impact of Macroeconomic Factors Interest Rates and Exchange Rates Govern on Stok Index of LQ45

DOI

10.2991/aebmr.k.210831.005How to use a DOI?

Keywords

Interest Rate, Exchange Rate

Abstract

This research aimed to investigate the macroeconomic factors, represented by interest rate Bank Indonesia and exchange rate rupiah to US dollar in influencing volatility of LQ45 stock price index on the Jakarta stock exchange. The data was collected from secondary data. The periods were January 2013 to December 2019. The method used was the Error Correction Model. This method will deliberate long-term and short-term analysis of the influence of macro variables affecting the LQ45 Stock Price Index. The results depicted that in the short-term period, both interest rate Bank Indonesia and exchange rate rupiah to US dollar had no significant influence on the LQ45 stock price index, then for the long term period, both interest rate Bank Indonesia and exchange rate rupiah to US dollar govern on the LQ45 stock price index.

Copyright

© 2021, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Tiar Lina Situngkir
AU  - Isro’iyatul Mubarokah
PY  - 2021
DA  - 2021/09/02
TI  - The Impact of Macroeconomic Factors Interest Rates and Exchange Rates Govern on Stok Index of LQ45
BT  - Proceedings of the 5th Global Conference on Business, Management and Entrepreneurship (GCBME 2020)
PB  - Atlantis Press
SP  - 22
EP  - 24
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.210831.005
DO  - 10.2991/aebmr.k.210831.005
ID  - Situngkir2021
ER  -