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Sri Lanka hikes interest rate by full point to fight inflation - Latest News
Sri Lanka's central bank raised interest rates for the first time in more than three years on Tuesday as it battles high inflation and a tanking currency fuelled by the Middle East war.
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channelnewsasia.com
Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
COLOMBO, May 26 : Sri Lanka's central bank stunned markets by raising its benchmark policy rate by an outsized 100 basis points on Tuesday, as policymakers scrambled to stem…
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thehindu.com
Sri Lanka jolts markets with outsized 100-bp rate hike to counter crisis in West Asia
Sri Lanka's central bank surprises markets with a 100-basis-point rate hike to combat inflation and currency pressures amid geopolitical tensions.
