Indonesian stocks plunge 11% as MSCI proposes emerging market downgrade
The index provider is weighing reclassifying the country from emerging market to standalone status, potentially forcing funds tracking MSCI's emerging market indexes to sell their Indonesian holdings.
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Source: Euronews
The index provider is weighing reclassifying the country from emerging market to standalone status, potentially forcing funds tracking MSCI's emerging market indexes to sell their Indonesian holdings.
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