KUALA LUMPUR, Sept 9 — Bank Negara Malaysia Governor Tan Sri Dr Zeti Akhtar Aziz has been accorded “Grade A” among the heads of central banks for the 11th consecutive time by the Global Finance magazine.
The magazine, headquartered in New York and with offices in London, Rio de Janeiro and Milan, named the heads of the central banks of India, Israel, Malaysia, the Philippines, Saudi Arabia, Switzerland and Taiwan as the World’s Best Central Bankers over the past year.
According to Global Finance publisher and editorial director Joseph Giarraputo, “Global economies are starting to recover, despite rising geopolitical risk in certain markets.
“Central bankers once again face challenging times in managing monetary policy to positively influence economic stability and growth — and some of the changes in our scores this year reflect those challenges.”
Giarraputo said each year, the magazine assessed the determination of central bankers to stand up to political interference and their efforts at influencing their governments on such issues as spending and economic openness to foreign investment and financial services.
This year, 17 central banks are being graded by the magazine for the first time.
The Central Banker Report Cards, published annually by Global Finance since 1994, grades central bank governors of more than 50 key countries (and the European Union) on an A to F scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management.
Global Finance, founded in 1987, has a circulation of 50,050 and readers in 180 countries. — Bernama
