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Central Bank Raises Interest Rates to Record Highs

Business desk update

By David Chen May 12, 2026 1:01 AM 1 min read
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Central Bank Raises Interest Rates to Record Highs

Economists warn of tighter fiscal measures as the government attempts to balance infrastructure spending with currency stabilization goals in the upcoming quarterly review.

Economists warn of tighter fiscal measures as the government attempts to balance infrastructure spending with currency stabilization goals in the upcoming quarterly review.

New policy shift aims to curb domestic consumption and support the local currency...

Investor sentiment dampened by fluctuating commodity prices and geopolitical tensions...

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