Foreign Sell-Off: IDX Plunges, Worst Since [Year]?
Indonesia’s Market Turmoil: A Harbinger of Emerging Market Volatility? Over the past week, Indonesian markets have experienced a significant downturn, with the Jakarta Composite Index (IHSG) plummeting 6.94% – its worst performance in years. Foreign investors have fled, pulling out a staggering Rp13.9 trillion (approximately $9.88 billion USD). But this isn’t simply a localized event; … Read more