Sri Lanka Can Tame Inflation if Oil Holds Near $80, Central Bank Chief Says
COLOMBO — Sri Lanka can return inflation to its 5 percent target if global oil prices hold near $80 a barrel, the country's central bank governor said, while warning that a fresh energy shock would strain a recovery that remains vulnerable to forces beyond the island's control. Nandalal Weerasinghe, governor of the Central Bank of Sri Lanka, spoke in an interview with Bloomberg Television in Sydney, where he is leading an investor roadshow intended to draw foreign money into Sri Lanka's stock m
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