MSCI downgrade threatens to wipe $5.6 billion from Indonesian markets
Global funds have already pulled over $5 billion from Indonesia in 2026, making this its biggest market exit ever recorded. MSCI, an index provider that creates stock market indexes used by global investors, is threatening a two-level downgrade.
Global funds have already pulled over $5 billion from Indonesia in 2026, making this its biggest market exit ever recorded. MSCI, an index provider that creates stock market indexes used by global investors, is threatening a two-level downgrade. That move would leave Indonesia sitting all by itself as the only Asian country with standalone status. "Goldman Sachs estimates $5.6 billion could vanish overnight if MSCI acts on their warning." It turns out disappearing money is not just a trick for birthday parties.