Stanley Fischer gets an ‘A’ on Central Bank Report Card

Bank of Israel Governor is named one of the world’s six top central bankers.

Bank of Israel Governor Stanley Fischer kept the shekel strong. (Asaf Eliason/Shutterstock.com)

Bank of Israel Governor Stanley Fischer kept the shekel strong. (Asaf Eliason/Shutterstock.com)

Global Finance magazine named Bank of Israel Governor Stanley Fischer among the World’s Best Central Bankers over the past year, and one of only six bankers to score an “A” in the report.

Bank of Israel Governor Stanley Fischer.

“During one of the toughest years on record, the World’s Central Bankers were tested as never before. Every year, we assess the determination of Central Bankers to stand up to political interference, and their efforts at influencing their governments on such issues as spending and economic openness to foreign investment and financial services,” said Global Finance publisher Joseph Giarraputo.

The magazine’s “Central Banker Report Card” feature has been published annually since 1994. It grades Central Bank Governors of 50 key countries on an “A” to “F” scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management.

Fischer, who received an “A” rating last year as well, was the only banker in the Africa & Middle East category to score top marks.

The six “A” rated central bankers in 2012 include Fischer, Reserve Bank of Australia Governor Glenn Stevens, Bank of Canada Governor Mark Carney, Governor of the Central Bank of Malaysia Zeti Akhtar Aziz, Governor of the Central Bank of the Philippines Amando Tetangco Jr., and Governor of the Central Bank of China (Taiwan) Fai-Nan Perng.

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About Viva Sarah Press

Viva Sarah Press is an associate editor and writer at ISRAEL21c. She has extensive experience in reporting/editing in the print, online and broadcast fields. She has jumped out of a plane, ducked rockets and been attacked by a baboon all in the name of a good story. Her work has been published by international media outlets including Israel Television, CNN, Reuters, The Jerusalem Post and Time Out.