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‘Crisis of Confidence’ Grips Indonesia Stocks After MSCI Warning

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January 30, 2026

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An MSCI warning of a possible downgrade in Indonesia triggered what was at one point the country’s worst two-day stock market rout in nearly three decades.

Indonesian policymakers are now rushing to shore up confidence and avert losing emerging-market status.

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‘Crisis of Confidence’ Grips Indonesia Stocks After MSCI Warning · Bloomberg News · Sentinel