THE EFFECT OF RUPIAH EXCHANGE RATE, INFLATION AND GROSS DOMESTIC PRODUCT UPON AUTOMOTIVE MANUFACTURING INDUSTRY IN BURSA EFEK INDONESIA
Astuti, Yuli Siti
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The funds of market activities in Indonesia become automotive manufacturing industry purposed to conduct and improve country economy. Automotive manufacturing industry in 2019 has its degradation, Badan Pusat Statistik (BPS) Assessed this degradation is necessary to be attention, retrieving the industry is one of supporting sector of economy which have mass effect on Indonesian economy. The purpose of following research is identifying the effect of Rupiah exchange rate, inflation and Gross Domestic Product (GDP) upon the degradation of registered automotive manufacturing industry stock value in Bursa Efek Indonesia. The sample source in this research using the secondary sample from 12 automotive manufacturing factories. The sample are gathered from Bank Indonesia, Bursa Efek Indonesia and Biro Pusat Statistik. Multi-regression analyzing technic is used, with the stated result that inflation and Gross Domestic Product partially had significant and positive effect to stock value, when exchange rate or kurs had significant negative effect to Manufacturing factories stock value in Bursa Efek Indonesia.
- International Journal