Central Bank Announcements on Interest Rate Changes and Stock Prices of Indonesian Banking Industry

This study examines the effect of the announcement of the central bank of Indonesia rates (BI-rate) increase in 2013 on stock prices of banking sector at Indonesian Stock Exchange. During the year 2013, Bank Indonesia has increased six times BI-rate. The study uses the event study framework on a tot...

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Main Authors: Gumanti, Tatang Ary (Author), Lestari, Ayu Retsi (Author), Puspitasari, Novi (Author)
Format: Academic Paper
Published: 2015-11-30T06:52:17Z.
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