Prabowo Denounces MSCI Downgrade Threat as 'Intimidation'
Indonesian President Prabowo Subianto has strongly criticized MSCI's proposal to reclassify Indonesian indexes to 'Standalone Market' status due to stock market transparency issues, calling it an "intimidation." The market has reacted with significant volatility, and the rupiah has weakened, raising questions about the administration's economic management style.
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