Indonesia's Market Crash: Could Your Investments Be Next? Crisis Explained | Vantage
Indonesia’s stock market has suffered its biggest one-day crash since the Asian financial crisis of 1998, wiping out around $65 billion in market value. In this video, Firstpost examines how MSCI’s threat to downgrade Indonesia from an emerging market to a standalone market has rattled investors and could trigger billions of dollars in capital outflows. The video looks at concerns over market transparency, concentrated share ownership and the enforcement of reforms. It also examines the wider economic pressures facing President Prabowo Subianto, from rising living costs and fuel shortages to investor concerns over government spending, weakening approval ratings and the challenge of restoring confidence in Southeast Asia’s largest economy. Hem Saroya tells you more.---
Indonesia Market Crash | Indonesia Stock Market | Indonesia Economic Crisis | Global Financial Markets | Firstpost | Hem Saroya | Vantage
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