Article Per Year (5 Year)
p-Index From 2020 - 2025
0.23
P-Index
This Author published in this journals
All Journal International Journal of Management Research and Economics
Mutiara Indah Purnamasari
Unknown Affiliation
Decision Sciences, Operations Research & Management Economics, Econometrics & Finance

Published : 1 Documents Claim Missing Document
Claim Missing Document
Check
Articles

Found 1 Documents
Search

 1 
The Effect of Inflation, Exchange Rates, and Interest Rates on The Jakarta Composite Index in The Indonesia Stock Exchange During The Period Of 2017-2022 Mutiara Indah Purnamasari; Enji Azizi; Djaka Adiwinata
International Journal of Management Research and Economics Vol. 3 No. 1 (2025): February : International Journal of Management Research and Economics
Publisher : Institut Teknologi dan Bisnis (ITB) Semarang

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.54066/ijmre-itb.v3i1.2970

Abstract

This study aims to analyze the effect of inflation, exchange rates, and interest rates on the Jakarta Composite Index (JCI) in the Indonesia Stock Exchange (IDX) during the period of 2017-2022, both partially and simultaneously. The approach used is quantitative with time series data covering inflation, exchange rates, interest rates, and the JCI. The data used in this study consists of 288 observations, with each variable having 72 data points. The analysis method includes multiple linear regression, classical assumption testing, hypothesis testing, and coefficient of determination, with the help of SPSS 27.0 software. The results of the study show that: (1) inflation has been positive and significant effect on the JCI, (2) exchange rates have a positive but insignificant effect on the JCI, (3) interest rates have a negative and significant effect on the JCI, and (4) simultaneously, inflation, exchange rates, and interest rates have a significant effect on the JCI in the Indonesia Stock Exchange during the period of 2017-2022.
Co-Authors Djaka Adiwinata Enji Azizi