#interest-rate-hike
Sri Lanka stuns with 100-bp rate hike as Iran war rattles currency, fuels inflation
The Central Bank of Sri Lanka (CBSL) raised the overnight policy rate to 8.75% from 7.75%, blaming higher inflation and a depreciating rupee
Weakening currency: RBI weighs measures including rate hike to stabilise rupee
The Reserve Bank of India is exploring multiple options to stabilize the rupee, which recently hit a fresh low. These include a potential interest rate hike, increased currency swaps, and raising dollars from overseas investors through deposit schemes and sov…