labels: Indonesian market
MSCI has downgraded its outlook for Indonesia to negative, risking downgrade to a marginal market.
MSCI has downgraded Indonesia's data flow criteria to "negative," reflecting concerns about capital market transparency and shareholder structure.The Indonesian market suffered a severe slump, with the rupiah exceeding 18,000 per dollar and stocks falling to their lowest level in six years.
The Indonesian market suffered a sharp decline, with the rupiah surpassing 18,000 per dollar, and stocks falling to their lowest level in six years amid concerns about the economic outlook and fiscal position.
