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Thu, February 3, 2022 | 03:22
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BOK governor gets second A rating from US magazine
Posted : 2019-08-15 14:07
Updated : 2019-08-15 17:50
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Bank of Korea Governor Lee Ju-yeol / Korea Times file
Bank of Korea Governor Lee Ju-yeol / Korea Times file

By Kim Bo-eun

Bank of Korea (BOK) Governor Lee Ju-yeol received an A grade from the U.S.-based Global Finance magazine's central bank governor rating for two consecutive years.

In the 2019 report unveiled by the magazine earlier this month, 10 out of 94 central bank governors received the A grade.

Global Finance began the rating in 1994, awarding an A to F grade to central bank governors based on factors including their management of inflation, GDP growth goals, stability of currency and interest rate management.

Central bank governors of Australia, Russia, Kuwait, Lebanon, Honduras, Morocco, Iceland, Mexico and Taiwan also got an A grade.

Among them, those who got the A rating for two consecutive years were Lee, and the central bank governors of Australia, Russia, Kuwait, Lebanon and Morocco.

A total of 11 governors got an A- rating, including the U.S. Federal Reserve Chair Jerome Powell and European Central Bank President Mario Draghi.

The People's Bank of China's Governor Yi Gang got a C grade and the Bank of Japan's Governor Haruhiko Kuroda a B grade.

Lee got a B rating in 2015, B+ in 2016 and B in 2017. Former BOK governor Kim Choong-soo who preceded Lee got a C rating for 2011 and 2012 and got a B+ rating for 2013.


Emailbkim@koreatimes.co.kr Article ListMore articles by this reporter



 
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