WORLDVIEW ( Jurnal Ekonomi Bisnis dan Sosial Sains )
Vol 1 No 1 (2022): WORLDVIEW ( Jurnal Ekonomi Bisnis dan Sosial Sains )

THE INFLUENCE OF INFLATION, EXCHANGE RATE, AND BI RATE ON THE INDONESIAN SHARIA STOCK INDEX (ISSI)

Alfin Maulana (Unknown)
Yoan Maris (Unknown)

Article Info

Publish Date
23 Jun 2022

Abstract

This research aims to test and analyze the influence of inflation, exchange rate and BI rate on the Indonesian Sharia Stock Index (ISSI). This type of research is an associative quantitative approach. Data analysis was carried out using statistics with the SmartPLS 3.0 tool. The results of data analysis using the Estimate for Path Coefficients significance test showed that partially inflation had a significant and positive effect on ISSI, the exchange rate had no significant and negative effect on ISSI and the BI Rate had no significant and negative effect on ISSI. Meanwhile, based on the results of the R Square test, simultaneously inflation, the exchange rate and the BI Rate have a significant and positive effect on (ISSI).

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Journal Info
WORLDVIEW ( Jurnal Ekonomi Bisnis dan Sosial Sains )
Website

Abbrev

ie

Publisher

Universitas Wijaya Putra Surabaya

Subject

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

Description

WORLDVIEW ( Jurnal Ekonomi Bisnis dan Sosial Sains ) adalah jurnal terbitan Fakultas Ekonomi Universitas Wijaya Putra (UWP), terbit dua kali dalam setahun ( Juni dan Desember). WORLDVIEW fokus pada hasil penelitian empiris serta studi konseptual dan teoritis dalam bidang Ekonomi, Bisnis dan Sosial ...