Prof. Stanley Fischer - Governor of Bank of Israel - among the world's best central bank chiefs

"Global Finance" magazine named Prof. Fischer as one of the world's best central bank chiefs, in the magazine's annual Central Banker Report Card
 
A tribute to Israel – "Global Finance" magazine, named the Governor of Bank of Israel, Prof. Stanley Fischer as one of the world's best central bank chiefs, in the magazine's annual Central Banker Report Card.
 
Fischer was given an "A" along with colleagues Jean-Claude Trichet (European Central Bank), Glenn Stevens (Reserve Bank of Australia), Lee Seongtae (Bank of Korea), Fai-Nan Perng (Taiwan Central Bank) and Durmus Yilmaz (Central Bank of Turkey).
 
The New York based "Global Finance" grades central bank heads in 30 selected countries on a scale of "A" to "F" for success in areas such as inflation control, economic growth goals, currency stability and interest rate management.
 
On an annual basis, the magazine assesses the determination of central bankers to withstand political interference and their successes in reducing government spending and opening up their economies to foreign investment and financial services.
 
Joseph Giarraputo, "Global Finance" publisher, said after the publication of the report that: "During one of the toughest years on record, the world's central bankers were tested as never before. Every year, we try to assess the determination of central bankers to stand up to political interference and their efforts at forcing their governments to spend less and to open their economies to foreign investment and financial services”.
 
This magazine has readers in 163 countries with offices in London and Milan, in addition to headquarters in New York.