eprintid: 866
rev_number: 7
eprint_status: archive
userid: 587
dir: disk0/00/00/08/66
datestamp: 2020-01-28 10:45:51
lastmod: 2020-01-28 10:45:51
status_changed: 2020-01-28 10:45:51
type: article
metadata_visibility: show
creators_name: Al Azizah, Ummu Salma
creators_name: Daulay, Yusdi
creators_name: Krisnanto, Naufal
creators_id: ummu.salma@uhamka.ac.id
creators_id: ummu.salma@uhamka.ac.id
creators_id: ummu.salma@uhamka.ac.id
title: THE EFFECT OF USD/IDR EXCHANGE RATE, INTEREST RATE, AND WORLD OIL
PRICE TO JAKARTA COMPOSITE INDEX (JCI)
ispublished: pub
subjects: H1
keywords: Capital Market, Jakarta Composite Index (JCI). Exchange Rate, Interest Rate, World
Oil Price
abstract: This research aims to investigate effect of selected macroeconomic variables, i.e., USD/IDR
exchange rate, interest rate, and world oil price to indonesia composite index at the indonesia stock
exchange (IDX). This paper examine the direct effect of selected macroecomonic variable on
Indonesia Composite Index. The study used time series data from the 2012-2017. By using an
regression technique analysis, the result from showed that simultaneously the exchange rate,
interest rate, and world oil price have a significant effect on Indonesia Composite Index. Partially,
only the exchange rate has a significant effect on Indonesia Composite Index, interest rate and
world oil price have no significant effect on Indonesia Composite Iindex. The amount of influece
caused by the three variables is 58% and the rest is explained by other variables.
date: 2019-09-01
date_type: published
publisher: Universitas Muhammadiyah Prof.Dr. HAMKA
full_text_status: public
publication: AGREGAT:Jurnal Ekonomi dan Bisnis
volume: 3
number: 2
pagerange: 171-183
refereed: TRUE
issn: 2549-5658 e-ISSN: 2549-7243
citation:   Al Azizah, Ummu Salma dan Daulay, Yusdi dan Krisnanto, Naufal  (2019) THE EFFECT OF USD/IDR EXCHANGE RATE, INTEREST RATE, AND WORLD OIL PRICE TO JAKARTA COMPOSITE INDEX (JCI).  AGREGAT:Jurnal Ekonomi dan Bisnis, 3 (2).  pp. 171-183.  ISSN 2549-5658 e-ISSN: 2549-7243     
document_url: http://repository.uhamka.ac.id/id/eprint/866/1/3840-Article%20Text-8496-3-10-20191123.pdf