Analysis of The Impact of Covid-19 Pandemic on Rupiah Stability and Conposite Stock Price Indeks (IHSG) in Indonesia

##plugins.themes.academic_pro.article.sidebar##

Published Nov 30, 2020
https://doi.org/10.35335/enrichment.v11i1,%20Novembe.65
Download
PDF Download
Statistic

Downloads

Download data is not yet available.
Vol. 11 No. 1, Novembe (2020): Management

##plugins.themes.academic_pro.article.main##

Mohammat Saiful Imam
Sunan Kalijaga Islamic University Yogyakarta
Toha Barizi
Maulana Malik Ibrahim Islamic University Malang
Haidar Ali
Sunan Kalijaga Islamic University Yogyakarta

Abstract

This study aims to analyze the impact of the Covid-19 pandemic on the stability of the rupiah on the dollar and trading in the Composite Stock Price Index (IHSG). This study uses an SSS analysis tool which is then adjusted to a mathematical equation model. The variables used in this study are macroeconomic variables which include exchange rates, Composite Stock Price Index (IHSG) and Covid-19 which are taken from patient data confirmed positive for Covid-19 every day, with the last 30 days of research. from 30 April 2020 to 29 May 2020. The results of the study concluded that the number of Covid-19 spread had a significant effect on the stability of the Rupiah with a level of influence of 74.5%. And the spread of Covid-19 also has a significant effect on JCI trade with an effect of 68.1%.

##plugins.themes.academic_pro.article.details##

How to Cite
Imam, M. S., Toha Barizi, & Haidar Ali. (2020). Analysis of The Impact of Covid-19 Pandemic on Rupiah Stability and Conposite Stock Price Indeks (IHSG) in Indonesia. Enrichment : Journal of Management, 11(1, Novembe), 206-212. https://doi.org/10.35335/enrichment.v11i1, Novembe.65

References

[1] Tanuwidjaja, W. 2008. Siasat Investasi Cerdik : Bagi Investor Pemula. MedPress.
[2] Dominic, T. H. 2008. Berinvestasi di Bursa Saham.PT. Elex Media Komputindo.
[3] Samsul, M. 2006. Pasar Modal dan Manajemen Portofolio, edisi pertama. Jakarta: Erlangga.
[4] Sunariyah. 2006. Pengantar Pengetahuan Pasar Modal. UPP AMP YKPN.
[5] Burhanuddin, Chairul Iksan dan Abdi, Muhammad Nur. 2020. Ancaman Krisis Ekonomi Global dari Dampak Penyebaran Virus Corona (Covid-19). Volume 17 Nomor 1 Maret 2020 Hal.710-718 e-ISSN : 2621-4377 & p-ISSN : 1829-8524.
[6] Paranita, Ekayana Sangkasari, dkk. 2017. Pergerakan Indeks Harga Saham Gabungan dan Faktor-Faktor yang Mempengaruhinya. Jurnal Studi Manajemen Organisasi 14 Volume 2 (Desember, 2017)
[7] Setiawan, Syeikha Nabilla dan Nurwati, Nunung. 2020. Dampak COVID-19 terhadap Tenaga Kerja di Indonesia. researchgate.net/publication/340925534 on April 2020.
[8] Sihaloho, Estro Dariatno. 2020. Dampak Covid-19 Terhadap Perekonomian Indonesia. Departemen Ilmu Ekonomi Universitas Padjadjaran esearchgate.net/publication/34055426 on 10 April 2020.
[9] Yulianti, Rahmani Timorita. 2010. Direct Financial Market: Islamic Equity Market (Bursa Saham dalam Islam). Al-mawarid, Vol XI, No. 1, Agustus 2010.
[10] Saleh, Leni. 2016. Perubahan Nilai Tukar Uang Menurut Perspektif Ekonomi Islam. Jurnal Studi Ekonomi dan Bisnis Islam Volume I, Nomor 1, Juni 2016.
[11] Tiberiu, Claudiu. (2020). Coronavirus and financial volatility: 40 days of fasting and fear. Management Department, Politehnica University of Timisoara, 2, P-ta. Victoriei, 300006 Timisoara, Romania.
[12] medcom.id accessed on 25 May 2020 at 10.45.
[13] cnbcindonesia.com accessed on 25 May 2020 at 10.30.
[14] katadata.co.id accessed on 30 May 2020 at 09.15.
[15] bi.go.id accessed on 30 May 2020 at 09.25.
[16] covid19.go.id accessed on 30 May 2020 at 09.45.
[17] finance.yahoo.com accessed on 30 May 2020 at 10.30.