Indonesian Rupiah: Equity reforms and hedging against downside – MUFG
MUFG’s Michael Wan reports Indonesia has pledged new equity-market reforms to restore investor confidence, including excluding tightly owned stocks from the Jakarta Composite Index and disclosing affiliations of 1%+ shareholders. He notes these measures target transparency and coordinated trading concerns, but implementation timing and MSCI’s assessment are key, with investors still hedging…
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