Journal of Management, Accounting, General Finance and International Economic Issues (MARGINAL)
Vol. 2 No. 1 (2022): DECEMBER

ANALYSIS OF FACTORS AFFECTING INTEREST RATE IN INDONESIA

Saifuddin, Ahmad (Unknown)

Article Info

Publish Date
15 Sep 2022

Abstract

The interest rate is the cost of borrowing or the price paid for borrowed funds. The interest rate is one of the important aspects in the banking world. This study aims to examine the influence of factors related to interest rate fluctuations set by Bank Indonesia. To examine the factors that affect interest rates in the short and long term. By using the independent variables of inflation, exchange rate, and also the money supply M2. The study was conducted using the Error Correction Model (ECM) method and secondary data for the period from 2019 to 2021. The results showed that all independent variables affected in the short and long term.

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Journal Info
Journal of Management, Accounting, General Finance and International Economic Issues (MARGINAL)
Website

Abbrev

MARGINAL

Publisher

Transpublika Publisher

Subject

Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Environmental Science Social Sciences

Description

Journal of Management, Accounting, General Finance and International Economic Issues (MARGINAL) provides a scientific discourse about accounting, business, management, and economic issues both practically and conceptually. The published articles at this journal cover various topics from the result ...