Indonesia Market Meets Emerging Market Criteria, IDX Chief Confident
Indonesia Stock Exchange (IDX) President Director Jeffrey Hendrik asserted that Indonesia still meets the criteria to maintain its Emerging Market status. Amidst reports of a potential downgrade by MSCI, Hendrik cited discussions with domestic and international investors, highlighting that Indonesia surpasses benchmarks in several aspects and expressed optimism for the market's strong fundamentals and the increasing role of domestic investors.
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