The Influence of Interest Rates, Exchange Rates, and Money Supply on Jakarta Composite Index (JCI)

DOI

10.2991/aebmr.k.220501.005How to use a DOI?

Keywords

Interest Rates; Exchange Rates; Money Supply; JCI

Abstract

This study aimed to examine the influence of interest rates, exchange rates, and money supply on the composite stock-price index in Indonesia Stock Exchange (IDX) during the period between January 2016 and December 2020. This research used a multiple-linear regression analysis on time-series data and then the data was processed using the SPSS software version 25. The results reveal that among three independent variables in this study, two variables have no significant influence. These variables are interest rates and exchange rates, that partially have a positive but not significant influence on JCI. Meanwhile, the variable of money supply has a positive and significant influence on JCI.

Copyright

© 2022 The Authors. Published by Atlantis Press International B.V.

Open Access

This is an open access article distributed under the CC BY-NC 4.0 license.

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TY  - CONF
AU  - Callista Diana Suhartini
AU  - Sawidji Widoatmodjo
PY  - 2022
DA  - 2022/05/11
TI  - The Influence of Interest Rates, Exchange Rates, and Money Supply on Jakarta Composite Index (JCI)
BT  - Proceedings of the tenth International Conference on Entrepreneurship and Business Management 2021 (ICEBM 2021)
PB  - Atlantis Press
SP  - 26
EP  - 29
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.220501.005
DO  - 10.2991/aebmr.k.220501.005
ID  - Suhartini2022
ER  -