Shaktikanta Das, governor of the Reserve Bank of India, has been awarded the world’s top central banker by the US-based Global Finance journal.
Das obtained a “A+” rating in the Global Finance Central Banker Report Cards 2023. He is the first of three central bank governors to obtain an A+ grade. Prime Minister Narendra Modi complimented Shaktikanta Das for obtaining a “A+” on the Global Finance Central Banker Report Cards 2023.
According to Global Finance magazine, performance in inflation control, economic growth goals, currency stability, and interest rate management is graded on a scale of A to F. An “A” represents exceptional performance, whereas a “F” represents utter failure. Following Das are Switzerland’s Governor Thomas J. Jordan and Vietnam’s Central Bank Governor Nguyen Thi Hong.
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Everyone is looking to their central banks for help in combating inflation, which has been fueled by bottled-up demand and fractured supply networks, according to the report. Global Finance’s annual Central Banker Report Cards recognize bank governors whose strategies outperformed those of their peers in terms of creativity, inventiveness, and tenacity.
The central bank governors who achieved a “A” grade included Roberto Campos Neto of Brazil, Amir Yaron of Israel, Harvesh Kumar Seegolam of Mauritius, and Adrian Orr of New Zealand. Among the governors who obtained a “A-” rating were Colombia’s Leonardo Villar, the Dominican Republic’s Hector Valdez Albizu, Iceland’s Asgeir Jonsson, and Indonesia’s Perry Warjiyo.
The Eastern Caribbean Central Bank, the Bank of Central African States, the Central Bank of West African States, and 101 other central banks have all been graded in Global Finance’s annual Central Banker Report Cards, which have been published since 1994. It should be noted that Das received the ‘Governor of the Year’ prize at the London Central Banking Awards 2023 in June.
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