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Indonesia stocks, rupiah tumble as MSCI weighs market downgrade

Global index provider MSCI is contemplating downgrading Indonesia's stock market to standalone status. Such a reclassification could notably diminish Indonesia's appeal to global investors and alter its presence in international indexes. This year, Indonesia's share within MSCI's emerging markets index has dwindled. A downgrade would position Indonesia as the largest economy in this standalone category, inciting uncertainty for investment funds linked to MSCI indices.

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Economic TimesLean R·1h ago
Indonesia stocks, rupiah tumble as MSCI weighs market downgrade
Global index provider MSCI is contemplating downgrading Indonesia's stock market to standalone status. Such a reclassification could notably diminish Indonesia's appeal to global investors and alter its presence in international indexes. This year, Indonesia's share within MSCI's emerging markets index has dwindled. A downgrade would position Indonesia as the largest economy in this standalone category, inciting uncertainty for investment funds linked to MSCI indices.
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Indonesia stocks, rupiah tumble as MSCI weighs market downgrade

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Indonesia stocks, rupiah tumble as MSCI weighs market downgrade

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