The Central Bank of Sri Lanka (CBSL) became the first in Asia on Thursday to raise interest rates since the pandemic began, as it acted to stem inflationary pressures and high imports, one of the factors behind the rupee's 8% depreciation this year.
South Africa's Johannesburg Stock Exchange failed to open equity market trading as usual at 9 a.m. (0700 GMT) on Wednesday as record high trading volumes the previous day snapped its systems, the company said.