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Worries over weak won, slow recovery in Sri Lanka

The continued weakness of the Korean won, which has fallen 15% against the US dollar since the start of the year, has become a growing concern for policymakers and is another reason to think the central bank will continue to raise interest rates over the coming months.

Meanwhile, GDP figures published earlier this week from Sri Lanka underline how the political and financial turmoil of recent months has taken a toll on the real economy.

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