Business

Bank Indonesia Faces Pressure to Hike Rates

Updated 2026-10-20 04:05 UTC 1 source Negative

Bank Indonesia is under increasing pressure to raise interest rates following MSCI’s threat to downgrade its market status. This has led to a significant stock rout and weakened the rupiah.

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CNBC
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.
2026-10-20 03:59 UTC
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