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Indonesia president responds to MSCI

Indonesian President Prabowo responded to MSCI mulling a downgrade to standalone status, saying Indonesia fears no one, after its stocks tumbled.

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Key points

  • Indonesian President Prabowo Subianto said Indonesia "is not afraid of anyone" in a message to global index provider MSCI.
  • MSCI said days earlier it was considering moving Indonesia down from emerging-market to standalone status, sending its stocks tumbling.

Key points and the reaction summary are written by AI from the posts on this page. Check the original post. How we use AI

Original post

Bloomberg @business 10.5M followers

Indonesian President Prabowo Subianto has a message for global index provider MSCI: Indonesia "is not afraid of anyone." His comments came days after MSCI said it was considering moving the country down from emerging-market to standalone status, sending its stocks tumbling. Full story: https://t.co/Gygsq1VkQq 📷: Dimas Ardian/Bloomberg
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