Indonesian rupiah manageable after shock MSCI warning, official says
23/10/2026 04:43
Indonesian rupiah manageable after shock MSCI warning, official says JAKARTA, Oct 23 (Reuters) - The movement of the Indonesian rupiah remained manageable following global index provider MSCI's shock warning last week that it could demote Indonesian equities to "standalone" market status, an official with the country's central bank said on Friday.
Erwin Hutapea, the head of the monetary management department at Bank Indonesia, said the bank would respond if needed to ensure a balance of supply and demand in the foreign exchange market.
(Reporting by Stefanno Sulaiman; Editing by David Stanway)
((stanley.widianto@tr.com; X @stanleywidianto))
Recent news on MSCI
See all newsGlobal Markets: Stocks fall on AI cash burn worries while bonds rally with oil
Global Markets: Stocks fall on AI cash burn worries while bonds rally with oil
Indonesia strengthens measures against stock manipulation after market rout triggered by MSCI (updated)
Indonesia bourse to launch investigation if it sees any price manipulation, chief says
Indonesia extends policy on share buyback without general approval to June 2027