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P. Nandalal Weerasinghe is a Sri Lankan economist and banker who is also currently serving as the 17th Governor of the Central Bank of Sri Lanka. [1] A career officer in the Central Bank of Sri Lanka , serving as its chief economist and senior deputy governor.
Nandalal Weerasinghe: 8 April 2022: present References External links. Governors of the Central Bank of Sri Lanka Archived 7 July 2016 at the Wayback Machine; This ...
Unveiling details of the long-awaited plan, governor Nandalal Weerasinghe told a news conference the government will also exchange shorter-term treasury bills into longer-term bonds in the ...
Dr. Ravi Rathnayake - Appointed Member; Anushka Wijesinha - Appointed Member; Rajeev Amarasuriya - Appointed Member; Manil Jayesinghe - Appointed Member; The current members of the Monetary Policy Board of the Central Bank of Sri Lanka are: [4] Hon. Dr P. Nandalal Weerasinghe (Governor) - Chairman; Vish Govindasamy - Appointed Member
In a phone interview with News First, former Central Bank Deputy Governor Nandalal Weerasinghe revealed that Gotabaya Rajapaksa had offered him the post of Governor of the Central Bank of Sri Lanka, and admitted to accepting the position. [113] [114] He assumed his duties as Governor on 7 April. [115]
Sri Lanka's newly appointed Central Bank Governor Nandalal Weerasinghe sharply raised policy rates on April 8 allowing interest rates to go up and reduce money printing. [13] By end March foreign reserves were down to US$1.9bn and there were concerns over their actual usability since about US$1.5bn which had come from a Renminbi swap from China.
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The Sri Lankan economic crisis [8] is an ongoing crisis in Sri Lanka that started in 2019. [9] It is the country's worst economic crisis since its independence in 1948. [9] It has led to unprecedented levels of inflation, near-depletion of foreign exchange reserves, shortages of medical supplies, and an increase in prices of basic commodities. [10]