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Indonesian Rupiah Hits Record Low Amid MSCI Index Exclusion Concerns

Bloomberg +1 · ·by G4L

MSCI MSCI Inc
$661.53 +0.71%
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  1. 1The USD/IDR exchange rate fell to a record low of 18,242.4.
  2. 2MSCI will exclude Barito Pacific and Bumi Resources Minerals from its global index effective November 30.
  3. 3The Jakarta Composite Index saw a decline of over 40% for 2026.

So what's the key point?

The value of the Indonesian currency has dropped to its lowest level ever against the US dollar. The market may experience a significant decline as some companies are removed from a global index.

Source Bloomberg +1 · View original ↗

Related 3-line summaries

MSCI to conduct index review for non-operating companies Stocktwits +3 · 2h agoMSCI Releases Results of First ETF Intelligence Survey etf.com · Oct 31Indonesian Central Bank Governor Destri Damayanti calls MSCI warning a short-term shock The New York Times +2 · Oct 29
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