PENGARUH KURS DOLAR AMERIKA, INFLASI, DAN BUNGA SBI TERHADAP PERGERAKAN INDEKS HARGA SAHAM GABUNGAN (IHSG) DI BEJ TAHUN 2000 – MARET 2006

Abstract

The purpose of this research is to know the influence level of US dollar exchange rate, inflation and SBI discount rate to movement of Price Index of Composite Share in Jakarta Effect Stock period January 2000 - March 2006. This research use the Doubled Linear Regression analysis level of significance a = 5% from F-test., later; then to see the influence of each the variable use the test parsial (t-test). Others to see the influence by simultan use the test at a time (F-test ). The research hypothesis is American dollar rate factor, inflation, and SBI discount rate have an effect on to movement of Price Index of Composite Share (IHSG) in Jakarta Effect Stock (BEJ) of among January period 2000 up to March 2006. Result got from t-test express that American dollar exchange rate and SBI discount rate have an effect on the reality to IHSG by parsial. While inflation rate do not have an effect on the reality to IHSG. Result got from analysis simultanly use F-test about 26.408 with level of significance F hitung <F (0,000<0,05), so can mean that is American dollar rate factor, inflation, and SBI discount rate have an real effect on to movement of Price Index of Composite Share (IHSG).