Nandalal Weerasinghe: Sri Lanka’s Steady Hands
Sri Lanka’s central bank governor discusses reforms supporting the country’s recovery and resilience to shocks. The post Nandalal Weerasinghe: Sri Lanka’s Steady Hands appeared first on Global Finance Magazine .
Nandalal Weerasinghe has been the governor of the Central Bank of Sri Lanka since April 2022, providing steady leadership amid the post-crisis challenges. In Global Finance's October Central Banker Report Cards, he received a B+ grade. Weerasinghe brought macroeconomic stabilization after Sri Lanka's 2022 financial crisis. Most notably, headline inflation that had been negative or near zero through much of 2025 turned positive, reaching 8% by August due to energy price pressures from the Middle East conflict.
Gross official reserves remained strong at roughly $6.5 billion to $6.8 billion, the highest level since the crisis, underscoring his reputation as a reliable figurehead, backed by net FX purchases and IMF program inflows.
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