Sri Lanka jolts markets with outsized 100-bp rate hike to counter crisis in West Asia
- Posted on May 26, 2026
- By The Hindu
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- 1 min read
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.