The Effect of Exchange Value on the Stock Index Listed in Indonesia Stock Exchange during Covid-19 Pandemic

Journal Dimensie Management and Public Sector

View Publication Info
 
 
Field Value
 
Title The Effect of Exchange Value on the Stock Index Listed in Indonesia Stock Exchange during Covid-19 Pandemic
 
Creator Zhafira, Zahra
Evana, Einde
Septiyanti, Ratna
 
Subject stock index, rupiah exchange rate, dollar exchange rate, BEI, Covid-19
 
Description This study aims to examine the effect of exchange rates on the stock index during the Covid-19 pandemic. This research was conducted using secondary data. The population in this study were all stock indices listed on the Indonesia Stock Exchange with a sample size of 89 and a total stock index of 34. The study period was 4 months, 17 January 2020 to 20 May 2020. The sample data collection of this study used the purposive method. Sampling with world economic conditions and Indonesia which are weakening due to the Covid-19 pandemic and based on the phenomenon that the exchange rate is experiencing a continuous movement even every year the exchange rate depreciates IDR against the US Dollar. One of the causes of the high fluctuation of the rupiah exchange rate against the dollar came from economic factors such as inflation, the interest rate on Bank Indonesia certificates during the Covid-19 pandemic. This study uses a simple linear regression analysis method using SPSS V.26. The results of simple linear regression analysis show that exchange rates have a negative and significant effect on all stock indices listed on the Indonesia Stock Exchange, these results have similarities or differences with the results of research in other emerging market countries.
 
Publisher Hoedspruit Development Publication
 
Date 2021-01-14
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
 
Format application/pdf
 
Identifier https://hdpublication.com/index.php/jdmps/article/view/62
10.48173/jdmps.v2i1.62
 
Source Journal Dimensie Management and Public Sector; Vol. 2 No. 1 (2021): Journal Dimensie Management and Public Sector; 6-14
2709-6211
 
Language eng
 
Relation https://hdpublication.com/index.php/jdmps/article/view/62/81
 
Rights Copyright (c) 2021 Journal Dimensie Management and Public Sector
https://creativecommons.org/licenses/by-sa/4.0/
 

Contact Us

The PKP Index is an initiative of the Public Knowledge Project.

For PKP Publishing Services please use the PKP|PS contact form.

For support with PKP software we encourage users to consult our wiki for documentation and search our support forums.

For any other correspondence feel free to contact us using the PKP contact form.

Find Us

Twitter

Copyright © 2015-2018 Simon Fraser University Library