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Korea’s hot labour market, Sri Lanka’s tourism woes

The Korean labour market is continuing to heat up, increasing the chances that the central bank will tighten monetary policy further over the coming months. Meanwhile, a renewed slump in visitor arrivals to Sri Lanka will make it harder for the country to rebuild its foreign exchange reserves, and makes it even more important that the government agrees a deal with the IMF. World with Higher Rates - Drop-In (21st June, 10:00 ET/15:00 BST): Does monetary policy tightening automatically mean recession? Are EMs vulnerable? How will financial market returns be affected? Join our special 20-minute briefing to find out what higher rates mean for macro and markets. Register now

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