Indonesian authorities are trying to calm concerns after an $80 billion market loss

Indonesian authorities are trying to calm concerns after an  billion market loss

By Stefanno Sulaiman and Ankur Banerjee JAKARTA/SINGAPORE, Jan 29 (Reuters) – Indonesian authorities scrambled on Thursday to stem a capital flight from the stock market, rolling out measures to counter the risk of a downgrade to frontier market status that prompted a sell-off of more than 8 percent in just two days. The rollout, which … Read more