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Prabowo says Indonesia will not buckle after MSCI warning

Prabowo says Indonesia will not buckle after MSCI warning 

- Indonesia's President Prabowo Subianto told his cabinet on Wednesday that global index provider MSCI was trying to "scare us", adding that the country was "not afraid" and would not buckle.

MSCI's warning last Friday that it could demote Indonesian equities to "standalone" market status triggered a record-breaking two-day trading rout.



(Reporting by Stanley Widianto and Bernadette Christina; Editing by David Stanway)

((stanley.widianto@tr.com; X @stanleywidianto))

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