The Impact of Interest Rates, Exchange Rates and Inflation on Stock Returns on the LQ45 Index Listed on the Indonesian Stock Exchange

The research conducted aims to determine the significant influence of interest rates, exchange rates, and inflation on stock returns. The research sample used is companies that are consistently listed on the Indonesia Stock Exchange for the 2021-2023 period, totaling 30 companies. Sample determination using purposive sampling method. The data analysis technique used is multiple linear regression. The results of the study partially found that interest rates have a significant negative effect on stock returns, exchange rates have no significant effect, and inflation has a significant effect on stock returns. The results simultaneously show that together the independent variables have a significant effect on the dependent variable.