PENGARUH INFLASI, BI RATE DAN KURS TERHADAP INDEKS HARGA SAHAM GABUNGAN (IHSG) PERIODE 2013-2022
Abstract
This research aims to determine the influence of inflation, BI Rate and Exchange Rate on the Composite Stock Price Index (IHSG) for the 2013-2022 period. The research method used in this research is descriptive with a quantitative approach. Data analysis used includes: Descriptive Statistical Test, Normality, Multicollinearity, Heteroscedasticity, Autocorrelation, Multiple Linear Regression, t Test (Partial), F Test (Simultaneous), Correlation Coefficient (R) and Determination Coefficient (R2). Based on the results of partial research using the t test, inflation has no and significant effect on the IHSG with a significance value of 0.204 > 0.05 with a calculated t value of 1.427 < t table 1.943. The results of the research show that the BI Rate has a significant and significant effect on the IHSG with a significance value of 0.038 < 0.05 with a calculated t value of -2.653 > t table 1.943 and the exchange rate has a significant effect on the IHSG with a significance value of 0.023 < 0.05 with a calculated t value of 3.036 > t table 1.943. Simultaneous test results for the influence of Inflation, BI Rate and Exchange Rate show that there is an influence and it is significant with a significance value of 0.013 with a calculated F value of 8.776 > F table 4.76. The results of the coefficient of determination test show an R square (R2) value of 0.814 or 81.4%, this shows that inflation, BI Rate and Exchange rate together contribute to IHSG of 81.4% while 19.6% is influenced by other variables. not examined in this study.
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