Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout
Bank Indonesia faces growing pressure to raise rates after MSCI’s threat to cut its market to standalone status triggered a rout in stocks, weakened the…
CNBC reports: Bank Indonesia faces growing pressure to raise rates after MSCI’s threat to cut its market to standalone status triggered a rout in stocks, weakened the rupiah.
This business story centres on Indonesia. Names and organisations mentioned in the coverage include Bank Indonesia and MSCI.
Why it matters
Moves like this are watched by investors, employers and consumers because of their potential effect on markets and the wider economy.
Key details
- Location
- Indonesia · Asia
- Reported by
- CNBC
- First reported
- Key names
- Bank Indonesia, MSCI
- Section
- Business
Sources
This is an independent summary. Read the full, original reporting from the publisher:
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