The Impact of Macroeconomic Factors Interest Rates and Exchange Rates Govern on Stok Index of LQ45

Tiar Lina Situngkir, Isro'iyatul Mubarokah
2021 Proceedings of the 5th Global Conference on Business, Management and Entrepreneurship (GCBME 2020)   unpublished
This research aimed to investigate the macroeconomic factors, represented by interest rate Bank Indonesia and exchange rate rupiah to US dollar in influencing volatility of LQ45 stock price index on the Jakarta stock exchange. The data was collected from secondary data. The periods were January 2013 to December 2019. The method used was the Error Correction Model. This method will deliberate long-term and short-term analysis of the influence of macro variables affecting the LQ45 Stock Price
more » ... x. The results depicted that in the short-term period, both interest rate Bank Indonesia and exchange rate rupiah to US dollar had no significant influence on the LQ45 stock price index, then for the long term period, both interest rate Bank Indonesia and exchange rate rupiah to US dollar govern on the LQ45 stock price index.
doi:10.2991/aebmr.k.210831.005 fatcat:r4vz7vqr7zbslczhw4bo6o44qq