Tetangco among 'world's best central bankers'


Posted at Sep 03 2016 05:01 AM

MANILA - Bangko Sentral ng Pilipinas Governor Amando Tetangco Jr. is still one of the world's best central bankers, an international finance magazine said Friday.

Tetangco again received an "A" grade from Global Finance magazine's Central Banker Report Cards 2016, his eighth "A" rating from the publication.

Also receiving the highest rating are the heads of central banks of Israel, Lebanon, Paraguay, Peru, Russia, Taiwan and the United Kingdom, Global Finance said.

The central bankers of Jordan, Mexico, Morocco and the United States earned an “A-” rating, it added.

"As these scores demonstrate, some central bankers are more constrained by circumstance than others, while some have shown remarkable agility in driving policy," Global Finance publisher and editorial director Joseph Giarraputo said in a statement.

The Central Banker Report Cards grade the central bank governors of nearly 75 countries and the European Union.

They are ranked on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management.