Indonesia faces a potential MSCI downgrade, triggering its sharpest stock market selloff in nearly 30 years. A rare double downgrade warning has put billions in foreign capital at risk. On The Big Take Asia podcast, Bloomberg Indonesia bureau chief Ben Otto joins host K.
Oanh Ha to discuss the implications for investors and what the Jakarta government must do to stabilize the economy. The crisis highlights Indonesia's vulnerability to external benchmark changes. Further listening includes insights on Indonesia's $15 billion free lunch experiment and a look back at the 2023 market meltdown.
Bloomberg offers a subscription deal for podcast listeners. This episode was produced by Naomi Ng, with editing by Crispina Robert and Nicole Beemsterboer, and sound design by Greg Tock.
Source: Bloomberg Markets · Summarized by HeadlinesBriefing