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Indonesian Central Bank Governor Destri Damayanti calls MSCI warning a short-term shock

The New York Times +2 · ·by G4L

MSCI MSCI Inc
$661.53 +0.71%
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  1. 1MSCI warned of the possibility of downgrading the Indonesian stock market to standalone status.
  2. 2Indonesian Central Bank Governor Destri Damayanti assessed the MSCI warning as a short-term shock.
  3. 3The Indonesian Central Bank is focusing on stabilizing the rupiah to keep inflation expectations within the 1.5% to 3.5% target range.

So what's the key point?

MSCI warned that it may lower the rating of the Indonesian stock market. The Indonesian Central Bank Governor views this as a temporary shock.

Source The New York Times +2 · View original ↗

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