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Analysis:Sri Lanka's surprise rate hike risks choking off IMF-backed recovery
COLOMBO, May 27 : Sri Lanka's surprise 100 basis-point interest rate hike risks tipping into over-tightening just as a fragile, IMF-backed recovery takes hold, signalling a shift by policymakers back to crisis-prevention mode as external pressures mount, analysts said.The Central Bank of Sri Lanka's Tuesday p
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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.
