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Indonesia Unveils $117 Million in Fines After MSCI Warning
Source: Bloomberg
Emerging MarketsRegulation & LegislationMarket Technicals & Flows
Indonesia announced about $117 million in fines related to manipulative market practices involving three companies. The announcement came hours after MSCI said it was weighing a downgrade of Indonesia’s stock market over investability concerns, creating uncertainty around the market’s index status.
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