Stock Prices and Exchange Rates in Indonesia: Further Evidence

• Main Authors: Bakri, Abdul Karim, Yau, Josephine Tan Hwang, Norlina, Kadri, Dzul Hadzwan, Husaini
• Format: Article
• Language: English
• Published: UNIMAS Publisher 2018
• Subjects: HG Finance
• Online Access: http://ir.unimas.my/id/eprint/22757/1/Bakri%2C%20Abdul%20Karim.pdf; http://ir.unimas.my/id/eprint/22757/; http://publisher.unimas.my/ojs/index.php/URAF/about
• Institution: Universiti Malaysia Sarawak

The paper examines the relationship between stock prices and exchange rates for the case of Indonesia. The study uses daily and weekly data for the period January 1998 to December 2007. We employed Toda and Yamamoto (1995) Granger non-causality test in both bivariate and multivariate setting to exam...