TY  - THES
N1  - Dr. Muh. Rudi Nugroho, S.E., M.SC.
ID  - digilib75759
UR  - https://digilib.uin-suka.ac.id/id/eprint/75759/
A1  - Indi Ritsina, NIM.: 22108010097
Y1  - 2026/01/26/
N2  - Portfolio investment in the capital market reflects investors' responses to
monetary policy and macroeconomic conditions developing within an economy. In
Indonesia, the dynamics of portfolio investment can be observed through movements
in the Composite Stock Price Index as an indicator of stock market performance. This
study analyses the effect of inflation, interest rates, exchange rates, and economic
growth (GDP growth) on portfolio investment in Indonesia during the period from
January 2015 to September 2025 using a time series approach and the Autoregressive
Distributed Lag (ARDL) method. The results of the analysis show that exchange rates
and economic growth have a significant effect on portfolio investment, while inflation
and interest rates do not have a significant effect on the IDX composite during the
observation period. These findings indicate that investors in the Indonesian capital
market are more concerned with external stability and economic growth prospects than
with monetary variables, whose changes have been relatively anticipated by the market.
PB  - UIN SUNAN KALIJAGA YOGYAKARTA
KW  - Portfolio Investment
KW  -  IDX composite
KW  -  Inflation
KW  -  Interest Rates
KW  - 
Exchange Rates
KW  -  GDP Growth
KW  -  ARDL
M1  - skripsi
TI  - THE IMPACT OF MONETARY POLICY AND MACROECONOMIC
CONDITIONS ON THE PORTFOLIO INVESTMENT IN INDONESIA
FROM JANUARI 2015 - SEPTEMBER 2025
AV  - restricted
EP  - 112
ER  -