TESTING THE MARKET EFFICIENCY WHEN INTEREST RATES CHANGE: CASE IN INDONESIA

Until the end of September 2023, the interest rate policy in the Republic of Indonesia shifted from 3.50% to 5.75%. The objective of this study is to examine whether changes in interest rates have an impact on the market efficiency in Indonesia. The daily market returns of Indonesia Stock Exchange (...

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Bibliographic Details
Main Authors: Novi Swandari Budiarso, Winston Pontoh
Format: Article
Language:English
Published: Widya Mandala Surabaya Catholic University,Faculty of Business 2023-12-01
Series:Research in Management and Accounting
Subjects:
Online Access:http://jurnal.wima.ac.id/index.php/RIMA/article/view/5130/3501