Remolona named among top central bank chiefs

Global Finance magazine has recognized Bangko Sentral ng Pilipinas BSP) Governor Eli Remolona Jr. as one of the world’s top performing central bank chiefs for the decisions he made in fighting inflation.

- KEISHA TA-ASAN

In a statement, the BSP said Remolona received an “A-” rating in Global Finance magazine’s 2024 Central Banker Report Cards. The BSP chief just completed his first year in office on July 3.

Global Finance revealed only the names of central bank leaders who earned “A” ratings this month, ranging from A+ to A to A-.

The complete 2024 Central Banker Report Cards will be featured in the October edition of Global Finance, which will be available in print, digital and online.

“Central bankers have waged war against inflation over the past few years, wielding their primary weapon: higher interest rates,” Joseph Giarraputo, founder and editorial director of Global Finance, said.

“Now, countries around the world are witnessing the tangible results of these efforts, as inflation has dropped significantly,” he said.