Sri Lanka Raises Interest Rates to Counter Gulf Crisis Impact

Sri Lanka has significantly raised its key policy rate by 100 basis points to mitigate the economic impact of the Gulf crisis. This move aims to stabilize markets and address the financial challenges faced by the nation.

25 May, 11:00 — 25 May, 18:30

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Why this matters

Sri Lanka's economy is facing significant pressure from the ongoing Gulf crisis, which has impacted trade and remittances. The central bank's decision to raise interest rates is a measure aimed at curbing inflation and stabilizing the economy amidst these external shocks.

Key entitiesSri Lanka Central Bank of Sri Lanka

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danas1d ago

Corax za 25. maj 2026.

<img width="300" height="211" src="https://www.danas.rs/wp-content/uploads/2026/05/Kineski-Stapici-2026-300x211.jpg" class="attachment-medium size-medium wp-post-image" alt="Corax za 25. maj 2026. 1" style="float:left; margin:0 10px 10px 0;" decoding="async" fetchpriority="high" srcset="https://www.danas.rs/wp-content/uploads/2026/05/Kineski-Stapici-2026-300x211.jpg 300w, https://www.danas.rs/wp-content/uploads/2026/05/Kineski-Stapici-2026-768x539.jpg 768w, https://www.danas.rs/wp-content/upl...

By Kristina Bondžulić

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daily-mirror-lkMixed22h ago