Bloomberg Sri Lanka needs between $3 billion to $4 billion this year to pull itself out of an unprecedented economic crisis and plans to start talks with the International Monetary Fund (IMF) for help, Finance Minister Ali Sabry said. The nation is looking at making a “decent case” before the IMF to help preserve the economy, he said in an ...

  Bloomberg India’s central bank would have to gradually hike the benchmark interest rate to its highest in three years as it battles to curb inflation that’s hovering above its targeted range, economists said. The Reserve Bank of India (RBI) might change its stance to neutral from accommodative in the June policy, topping it up with a 25 basis points ...

  Bloomberg The Bank of Canada is poised to become the first in the Group of Seven to hike interest rates by a half-percentage point as it moves more aggressively to wrestle inflation down from a three-decade high. Governor Tiff Macklem is expected to raise the central bank’s policy rate to 1%, followed by a series of additional hikes that ...