MSCI downgrade alert triggers fears of foreign capital flight! Indonesia faces triple sell-off in stocks, bonds, and currencies, with the stock market recording its steepest decline in nearly 30 years. - Moomoo

MSCI downgrade alert triggers fears of foreign capital flight! Indonesia faces triple sell-off in stocks, bonds, and currencies, with the stock market recording its steepest decline in nearly 30 years. - Moomoo

Source: Moomoo

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DW NOTE

MSCI downgrades are administrative reclassifications, not market verdicts. If Indonesia's stock market is down 30% in a year, foreign capital already left — the index committee is just changing the label on the door after everyone walked out.

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