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Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

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Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis
Business
Economic TimesToday at 05:34

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis

Agencies Sri Lanka's central bank stunned markets by raising its policy rate by an outsized 100 basis points on Tuesday, the biggest hike in four years, as policymakers scrambled to...

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