Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 3 (2022): Budapest International Research and Critics Institute August

Effect of Inflation, Exchange Rate, and Interest Rate on the Composite Stock Price Index

Siti Kholijah (Unknown)
Amimah Qodari (Unknown)
Yolanda Sari (Unknown)
Pandu Adi Cakranegara (Unknown)
Agnes Soukotta (Unknown)



Article Info

Publish Date
05 Aug 2022

Abstract

The purpose of this research is to discuss effect of inflation, exchange rate, and interest rate on the composite stock price index. The type of research used in this research is casual research. This study uses quantitative data with the type of time series data. Samples taken from 2018 to the end of 2021, in the form of monthly data, the data is secondary data that has been validated and issued directly from the official website. The method of analysis used multiple regression analysis. The results show that inflation has a positive and significant effect on the composite stock price index. Exchange rate has a positive and insignificant effect on the composite stock price index. Interest rate has a positive and significant effect on the composite stock price index.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...