Jakarta Stocks Plunge 11% as MSCI Moves to Strip Indonesia of Emerging-Market Status
Indonesia’s market crashed in its worst day since 1998 after MSCI said the country no longer merits emerging-market status; the rupiah sank toward a lifetime low.
Indonesia’s market crashed in its worst day since 1998 after MSCI said the country no longer merits emerging-market status; the rupiah sank toward a lifetime low.