Indonesia Selloff Deepens on MSCI Downgrade Risk — SkimNews
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- Indonesia's stocks and bonds are extending a selloff driven by MSCI downgrade risk, according to Bloomberg's headline coverage.
- The Indonesia stock exchange will meet with MSCI on Monday to seek clarification on the downgrade warning, per Reuters.
Why it matters: An MSCI reclassification could force passive funds to dump Indonesian securities, accelerating capital outflows from a market Bloomberg and the New York Times both frame as already in crisis mode.
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