THE EFFECT OF GROSS DOMESTIC PRODUCT, INFLATION, INTEREST RATES AND EXCHANGE RATE ON IDX30 DURING THE COVID-19 PANDEMIC PERIOD JANUARY 2019-DECEMBER 2021


Fikky Chandra Silaban, Dr. Ir. Hakiman Thamrin MM
-, Mercu Buana University
Abstract
This study analyzes the Effect of Gross Domestic Product, Inflation, Interest Rates, and Exchange Rates on IDX30 during the Covid-19 pandemic period from January 2019 – December 2021. Quantitative Research Methods are carried out using the Vector Errors Correction Models (VECM) Method. The results of this study are to determine the effect of Gross Domestic Product on IDX30, the effect of Inflation on IDX30, the effect of Interest Rates on IDX30, and the effect of Exchange Rate on IDX30. From the results of the VECM analysis, it can be seen that GDP, Inflation, and Exchange Rates have a negative effect on IDX30 for the short and long term during the Covid-19 pandemic, in contrast Interest Rates have a positive effect on IDX30 for the short and long term during the pandemic. Covid-19.
Keywords: Gross Domestic Product, Inflation, Interest Rate, Exchange Rate
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2022-08-02

Vol : 9
Issue : 7
Month : July
Year : 2022
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