ISSN 2394-5125
 

Research Article 


THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA

Martinus Robert Hutauruk.

Abstract
The present study investigates the impact of Severe Acute Respiratory Syndrome Coronavirus 2 (COVID-19)
pandemic on the IDX composite and US dollar exchange rate to rupiahs. The study was carried out from
Indonesia setting, and the data took from secondary data on the COVID-19 pandemic per day from the National
Disaster Management Agency (BNPB), JKSE closing prices per day, and average exchange rates data from
Bank Indonesia. All data took from 305 observation days. The conceptual modal investigates the relevant
relationships among the constructs by using a quantitative case study sith structural equation modeling with
WarpPLS 7.0 approach. The study's finding indicates that the COVID-19 pandemic has a positive and
significant impact on the exchange rate and negatively impacts the IDX composite. The exchange rate has a
negative and significant impact on the IDX composite. On the other hand, the exchange rate can mediate the
relationship between the COVID-19 pandemic and the IDX Composite.Keywords: COVID-19 Pandemic,
Exchange Rate, IDX Composite

Key words: On the other hand, the exchange rate can mediate the relationship between the COVID-19 pandemic and the IDX Composite.Keywords: COVID-19 Pandemic, Exchange Rate, IDX Composite


 
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Pubmed Style

Martinus Robert Hutauruk. THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. JCR. 2021; 8(1): 459-470. doi:10.31838/jcr.08.01.51


Web Style

Martinus Robert Hutauruk. THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. http://www.jcreview.com/?mno=51964 [Access: February 03, 2021]. doi:10.31838/jcr.08.01.51


AMA (American Medical Association) Style

Martinus Robert Hutauruk. THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. JCR. 2021; 8(1): 459-470. doi:10.31838/jcr.08.01.51



Vancouver/ICMJE Style

Martinus Robert Hutauruk. THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. JCR. (2021), [cited February 03, 2021]; 8(1): 459-470. doi:10.31838/jcr.08.01.51



Harvard Style

Martinus Robert Hutauruk (2021) THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. JCR, 8 (1), 459-470. doi:10.31838/jcr.08.01.51



Turabian Style

Martinus Robert Hutauruk. 2021. THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. Journal of Critical Reviews, 8 (1), 459-470. doi:10.31838/jcr.08.01.51



Chicago Style

Martinus Robert Hutauruk. "THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA." Journal of Critical Reviews 8 (2021), 459-470. doi:10.31838/jcr.08.01.51



MLA (The Modern Language Association) Style

Martinus Robert Hutauruk. "THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA." Journal of Critical Reviews 8.1 (2021), 459-470. Print. doi:10.31838/jcr.08.01.51



APA (American Psychological Association) Style

Martinus Robert Hutauruk (2021) THE IMPACT OF SEVERE ACUTE RESPIRATORY SYNDROME CORONAVIRUS 2 PANDEMIC ON THE IDX COMPOSITE THROUGH US DOLLAR EXCHANGE RATES MEDIATION: EVIDENCE FROM INDONESIA. Journal of Critical Reviews, 8 (1), 459-470. doi:10.31838/jcr.08.01.51