The Reserve Bank of India’s governor, Shaktikanta Das, 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.
Das is the first of three central bank governors to obtain an A+ grade. 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.
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 celebrate bank governors whose strategies outperformed those of their contemporaries via creativity, inventiveness, and endurance, it stated.
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.
Conclusion:-
The governor of the Reserve Bank of India, Shaktikanta Das, has been awarded the world’s top central banker by Global Finance magazine. Das was the first of three central bank governors to achieve a “A+” grade in the Global Finance Central Banker Report Cards 2023. For performance in inflation control, economic growth goals, currency stability, and interest rate management, grades range from A to F. Das is the first of three central bank governors to get an A+ grade, and the annual study recognizes bank governors who outperformed their peers by innovation, originality, and endurance. Other central bank governors include Brazil’s Roberto Campos Neto, Israel’s Amir Yaron, Mauritius’ Harvesh Kumar Seegolam, and New Zealand’s Adrian Orr. Das was named ‘Governor of the Year’ at the 2023 London Central Banking Awards.
