Bank Indonesia faces mounting pressure to hike after MSCI threat fuels market rout
Bank Indonesia faces growing pressure to raise rates after MSCI’s threat to cut its market to standalone status triggered a rout in stocks, weakened the rupiah.
Every headline mentioning MSCI from CNBC, Yahoo Finance and Investing.com over the last 30 days, each scored for sentiment and importance. Updated automatically through the trading day.
Bank Indonesia faces growing pressure to raise rates after MSCI’s threat to cut its market to standalone status triggered a rout in stocks, weakened the rupiah.
Indonesia's benchmark stock index plunged to its lowest level in six years.
Key Stats for Strategy StockCurrent Price: $136. 83Street Target (Mean): ~$239Street Target (Median): ~$215What Happened?Strategy (MSTR) closed down 9.
Strategy could see $8.8B in outflows if other indexes follow MSCI.
The rules proposed in August would see companies that exist mainly to hold investments as no longer eligible for index inclusion.