PENGARUH INFLASI, SUKU BUNGA (SBI), NILAI TUKAR RUPIAH, TERHADAP HARGA SAHAM PERUSAHAAN PEMBIAYAAN DI BURSA EFEK INDONESIA SELAMA PANDEMI COVID – 19

Abstract

Inflation is the tendency of prices to rise continuously, SBI interest rates are securities that are issued by Bank Indonesia as acknowledgment of short term debt (1-3 months) with a discount/interest system with the aim of controlling the amount of money circulating in society, the rupiah exchange rate is the price in the exchange of two different currencies, there will be a comparison of the value or price between the two particular currencies, the stock price is the money issued to obtain proof of ownership or ownership by a company.

The purpose of this study was to determine the effect of inflation, interest rates (SBI), rupiah exchange rates, on share prices of financing companies on the Indonesian Stock Exchange during the Covid-19 pandemic.

The theoretical basis of this research consists of financial management, financial reports and financial performance. Data collection techniques were carried out using secondary data taken from the Indonesian stock exchange www.idx.co.id. This research analysis tool uses multiple linear regression analysis. The results of this study include 1). Inflation has no significant negative effect on stock prices. 2). Interest rates (SBI) have no significant effect on stock prices. 3). The rupiah exchange rate did not have a significant effect on share prices in finance companies on the Indonesian stock exchange during

the co-19 pandemic.