With an ‘A-‘ grade, Remolona rated one of the world’s top central bankers, matching US Fed chief

Bangko Sentral ng Pilipinas (BSP) Governor Eli Remolona, Jr. has been recognized as one of the world's top central bank governors, securing an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards.

His grade matches that of the world’s most powerful central banker, US Federal Reserve Chairman Jerome Powell

Remolona, who completed his first year in office on July 3, 2024, joins an elite group of central bankers from nearly 100 countries evaluated for their performance.

Global Finance released the names of central bank leaders who achieved ratings ranging from A+ to A- this month, with the complete report to be featured in the magazine's October edition. 

Eli Remolona Jr.
Bangko Sentral ng Pilipinas (BSP) Governor

The publication, known for its global financial reporting, assesses central bankers annually based on various criteria, including monetary policy effectiveness, financial system supervision, and independence from political influence.

Joseph Giarraputo, founder and editorial director of Global Finance, highlighted the resilience and innovation of top-rated central bankers amid global inflation challenges.

Three central bank leaders who received “A+” ratings  are from Denmark, India, and Switzerland. 

Seven who got “A” ratings  are from Brazil, Chile, Mauritius, Morocco, South Africa, Sri Lanka, and Vietnam.

Fifteen who earned “A-” ratings are from Cambodia, Canada, Costa Rica, the Dominican Republic, the European Union, Guatemala, Indonesia, Jamaica, Jordan, Mongolia, Norway, Peru, the Philippines, Sweden, and the US.

See link to Global Finance's press release below.

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