Financial markets reacted sharply after the central monetary authority raised key lending rates by 50 basis points, citing persistent energy price shocks.
Central Bank Hikes Interest Rates to Curb Inflationary Pressures
By Dara Pich·Apr. 7, 2026·1 min read
SUMMARY
Financial markets reacted sharply after the central monetary authority raised key lending rates by 50 basis points, citing persistent energy price shocks.