EconomyIndonesian stocks post biggest drop since 1998 after MSCI flags possible standalone downgrade
Indonesian shares fell more sharply in a single day than at any time in nearly three decades on Friday, after MSCI said the country no longer merited emerging-market status. The warning threatens billions of dollars in outflows from Southeast Asia’s largest economy.
Indonesian stocks post biggest drop since 1998 after MSCI flags possible standalone downgrade
