Sri Lanka Raises Rates to Fight One of Asia's Fastest Inflation.

Keywords: 0612288DSL; ALLTOP; ASIA; BON; BUSINESS; CHINA; CMD; FRX; GOV; INDIA; MARKETS; NRG; OIL; WORLD EN 0612288DSL ALLTOP ASIA BON BUSINESS CHINA CMD FRX GOV INDIA MARKETS NRG OIL WORLD Sri Lanka's central bank raised borrowing costs for the first time in three meetings as policy makers sought to arrest price pressures in an economy pushed back into contraction territory by the pandemic. The Central Bank of Sri Lanka increased the standing lending facility rate to 6.5% from 6%. [Extracted from the article]