Reprieve for Indonesia as MSCI delays emerging markets downgrade decision to November (opens original article in a new tab)

MSCI delays decision on Indonesia's emerging markets status to November 2026, providing temporary relief but leaving uncertainty over its market classification.

• MSCI extends review of Indonesia's emerging markets status to November 2026
• Indonesia's stock market has dropped 30% in 2026, making it the worst-performing market globally
• MSCI cited transparency issues and inconsistent implementation of reforms as concerns
• A downgrade could trigger $13 billion in equity outflows from Indonesia's market
• Indonesia's financial regulator aims to accelerate capital market reforms following MSCI's decision