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

Published on: Monday 25 May 2026

Sri Lanka jolts markets with outsized 100-bp rate hike to counter Gulf crisis COLOMBO, May 26 (Reuters) - 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 ...


News source: https://finance.yahoo.com/economy/policy/articles/sri-lanka-jolts-markets-outsized-035151297.html

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