PENGARUH PERUBAHAN BI RATE MENJADI BI 7 DAY REVERSE REPO RATE TERHADAP JUMLAH KREDIT UMKM

Tia Ichwani (Universitas Pancasila, Jakarta)
Ratna Sari Dewi (Universitas Pancasila, Jakarta)

Jurnal Manajemen dan Bisnis
Vol 1, No 1 (2021)

Our research is aimed to find out the implementation of the new policy that Bank Indonesia sets regarding the change of BI Rate reference rate to BI 7 Days Reserve Repo Rate and its effect on UMKM’s credit in Indonesia. This research is a quantitative research using time series data and the method used is simple linear regression method using SPSS. Based on the results of this study indicates that there is a difference between the number of  UMKM’s credit, ie increasing the number of UMKM credit, when the BI 7 Day Reverse Repo Rate is enacted. The researcher hopes that Bank Indonesia will focus more on the determination of BI 7 Days REPO, because the policy has an effect on the number of UMKM credit and is expected to increase the state treasury.