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MSCI Proposes Downgrading Indonesia From Emerging Market Status, Sparking Selloff

On October 15, 2026, MSCI launched a consultation on reclassifying Indonesia's equity indexes from Emerging Market to Standalone Market status, triggering a sharp stock and rupiah selloff as investors weighed capital outflows and Indonesia's policy responses.

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Oct 15 1 PM: 14 articlesOct 18 1 PM: 9 articlesOct 19 1 PM: 6 articlesOct 20 1 PM: 7 articlesOct 21 1 PM: 5 articlesOct 22 1 PM: 3 articlesOct 15 1 PMOct 23 4 AMpeak 14 per day

Articles

Oct 23, 4:13 AM bloomberg.com Q&A: Indonesia’s Stock Market Selloff
Oct 22, 8:50 PM bloomberg.com Indonesian Corporate Bond Premia Hit Six-Year High on MSCI Angst
Oct 22, 8:45 PM fortune.com ‘They are trying to intimidate us’: Indonesia’s Prabowo remains defiant in the face of an MSCI double downgrade
Oct 22, 2:16 AM bloomberg.com MSCI’s Downgrade Warning Whipsaws Indonesian Markets. What’s Next?: Live Q&A
Oct 22, 1:37 AM bloomberg.com Indonesia Eyes $1.5 Billion Panda Bond as It Confronts MSCI Risk
Oct 22, 1:00 AM scmp.com Can Prabowo’s economic nationalism save Indonesia from potential MSCI downgrade?
Oct 21, 7:06 PM bloomberg.com Indonesian Stocks Fall as Concerns Over MSCI’s Downgrade Return
Oct 21, 4:00 PM bloomberg.com MSCI Pressed by Investors to Justify Drastic Indonesia Warning
Oct 21, 2:41 AM bloomberg.com Prabowo Says Indonesia Will Not Be Intimidated by MSCI
Oct 21, 12:42 AM scmp.com Singapore hits back over claims it rigged Indonesia’s stock market crash
Oct 21, 12:10 AM bloomberg.com Singapore’s Temasek, GIC Deny Instigating Indonesian Stock Rout
Oct 20, 11:55 PM bloomberg.com Bank Indonesia Holds Rate as MSCI Shock Threatens Rupiah
Oct 20, 11:27 PM ft.com Are index providers overstepping the mark?
Oct 20, 10:56 PM bloomberg.com Bank Indonesia on a Knife Edge Amid Rupiah Pressure and MSCI Threat
Oct 20, 9:15 PM bloomberg.com Indonesia’s Top Stocks Face Outsized Selling, Says Allspring
Oct 20, 3:02 AM scmp.com As Indonesia faces MSCI downgrade threat, officials vow reforms to ease fears
Oct 20, 2:17 AM bloomberg.com Indonesia’s Influencer Strategy Jars Investors Facing MSCI Risk
Oct 20, 1:47 AM bloomberg.com Bank Indonesia Rate-Hike Bets Rise as MSCI Shock Tests Rupiah
Oct 19, 8:59 PM cnbc.com Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout
Oct 19, 7:11 PM bloomberg.com Indonesia Stocks Rebound as Authorities Step Up Response to MSCI
Oct 19, 6:59 PM bloomberg.com Indonesia’s Tightly Held Stock Cut a Positive Move, Analysts Say
Oct 19, 8:59 AM ft.com Indonesia expels tightly held companies from Jakarta index in bid to avoid MSCI downgrade
Oct 19, 3:57 AM bloomberg.com Indonesia to Exclude Tightly Owned Stocks From Benchmark Index
Oct 19, 1:19 AM bloomberg.com Indonesia's Selloff Deepens With Officials set for MSCI Meeting
Oct 18, 10:55 PM bloomberg.com Indonesia Selloff Deepens as Emerging-Market Status Comes Under Threat
Oct 18, 9:43 PM bloomberg.com Indonesia Stocks Sell Off Again. Here's What May Cushion the Market.
Oct 18, 8:17 PM bloomberg.com Indonesia Said to Meet Monday With MSCI Over Shock Index Threat
Oct 18, 8:00 PM cnbc.com Indonesian stocks plunge to six-year low as MSCI downgrade fears mount
Oct 18, 7:07 PM bloomberg.com Indonesian Stocks Tumble to Lowest Since 2020 After MSCI Warning
Oct 18, 7:07 PM bloomberg.com Indonesia’s Selloff Deepens Across Stocks, Bonds on MSCI Risk
Oct 16, 9:12 AM reuters.com Indonesia faces rare MSCI exclusion that could cut it off from global capital
Oct 16, 5:00 AM fortune.com Indonesia’s Danantara pledges $5 billion to home-grown companies as MSCI once again threatens a downgrade
Oct 16, 3:42 AM bloomberg.com Indonesian Stocks Tumble on MSCI Downgrade Warning
Oct 16, 2:39 AM bloomberg.com MSCI Ignites Indonesia Market Reckoning After Months of Warnings
Oct 16, 2:29 AM nytimes.com Indonesian Stocks Plunge as MSCI Threatens to Drop Market from Indexes
Oct 16, 2:28 AM bloomberg.com Indonesia Rate-Hike Bets Grow as MSCI Alarm Pressures Rupiah
Oct 16, 1:13 AM euronews.com Indonesian stocks plunge 11% as MSCI proposes emerging market downgrade
Oct 16, 12:07 AM bloomberg.com Why Indonesia Risks Being Removed From MSCI’s Global Indexes
Oct 15, 10:53 PM bloomberg.com Indonesian Stocks Sink as MSCI Mulls Downgrade
Oct 15, 10:17 PM wsj.com Indonesian Stocks Dive as MSCI Weighs Downgrade to Standalone Market
Oct 15, 8:28 PM bloomberg.com Indonesia Stocks Sink as MSCI Weighs Index Removal
Oct 15, 5:44 PM ft.com MSCI warns it may cut Indonesia from main indices
Oct 15, 5:43 PM bloomberg.com Indonesia Outflows to Worsen as MSCI Mulls Cut, Analysts Say
Oct 15, 1:59 PM bloomberg.com Indonesia’s Emerging Market Status Under Consultation, MSCI Says

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