Bank Indonesia faces mounting pressure to hike rates after MSCI threat sparks market rout

Summary

Bank Indonesia faces growing pressure to raise interest rates after MSCI threatened to cut Indonesia's market to standalone status, a move that triggered a rout in stocks and weakened the rupiah.

Timeline

1. CNBC

   20 Oct 2026, 03:59 UTCSource ↗

   CNBC reports that Bank Indonesia faces growing pressure to raise rates after MSCI's threat to cut Indonesia's market to standalone status triggered a rout in stocks and weakened the rupiah.