Indonesia's Jokowi urges capital market regulation after Adani rout

Indonesia's Jokowi urges capital market regulation after Adani rout

Indonesian President Joko Widodo gestures as he talks during an interview at the Presidential Palace in Jakarta, Indonesia, February 1, 2023. REUTERS/Willy Kurniawan

Indonesian President Joko Widodo urged on Monday his country’s financial regulator to strengthen supervision on capital markets in the wake of the crisis at India’s Adani Group.