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Sri Lanka Hikes Rates by 100 Basis Points to Tame Prices

Sri Lanka’s central bank raised borrowing costs in a bid to rein in record prices that have stoked Asia’s fastest inflation. 

German inflation hits fresh 13-year high in August

Germany’s annual consumer price inflation accelerated to a fresh 13-year high in August, data showed on Monday, underlining growing price pressures as...

Dollar firms ahead of inflation data, yuan sails higher

The dollar hit a seven-week peak against the yen and firmed on other majors as traders braced for what is expected to...