Economic Indicators Impact Indonesia Stock Exchange: BI Rate, Inflation, Exchange Rate
The study looked at how economic indicators like interest rates, inflation, and exchange rates affect the stock market in Indonesia. They used data from 2005 to 2018 and analyzed it using multiple linear regression. The results showed that interest rates had a negative impact on stock prices, while inflation had a positive but not significant impact. Exchange rates had a positive and significant effect on stock prices. Overall, all three indicators together had a significant impact on the stock market in Indonesia.