Indonesia Said to Meet Monday With MSCI Over Shock Index Threat

Indonesian officials and the Indonesia stock exchange plan to meet with MSCI Inc. executives this Monday. The meeting aims to seek clarification regarding a downgrade warning and the threat to reclassify the country as a standalone market. Indonesian representatives stated they were blindsided by this decision, noting that the proposed reclassification is a significantly more severe measure than what had been discussed during several months of prior talks between the two parties.