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Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation - Reuters
Bull/Bear Index 46.6/100
global_markets BEAR 85/10 Reuters via Google News EN · 7h ago

Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation - Reuters

Sri Lanka unexpectedly raised its policy rate by 100 basis points in response to currency depreciation and surging inflation, exacerbated by the Iran war.

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