The aim of this research is to analyze the influence of Inflation and Interest Rates on Return on Assets (ROA) with the Rupiah Exchange Rate as an Intervening Variable in Manufacturing Companies in the Wood and Processing Sub Sector Listed on the IDX. In this research, the path analysis method was used with the Warp PLS software version 4.0.The research results (1) inflation has a significant effect on the rupiah exchange rate; (2) interest rates do not have a significant effect on the rupiah exchange rate; (3) inflation has no significant effect on ROA; (4) interest rates have no significant effect on ROA; (5) the rupiah exchange rate has no significant effect on return on assets (ROA); (6) inflation has no significant effect on ROA through the rupiah exchange rate as an intervening variable; (7) interest rates have no effect on ROA through the rupiah exchange rate as an intervening variable.
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