AWARD CENTRAL BANK GOVERNOR: Sign language

Sep 8, 2016

Careful signaling to markets and consumers by Peru’s Julio Velarde helped keep inflation in check. By Robert Kozak

Some central bank governors in Latin America have been able to find the sweet spot, guiding their countries’ economies through a morass of recession, inflation, and currency and trade issues.

Each year, LatinFinance surveys economists and financial analysts to identify who has been the most effective central bank governor in the region. We examine the institutions’ results in managing monetary policy, controlling inflation and ensuring financing stability. We also take into account the banks’ transparency and effectiveness in communicating with markets.

This year, Julio Velarde Flores, the longtime governor of the Central Reserve Bank of Peru, wins LatinFinance’s Central Bank Governor of the Year Award. Central bankers from Chile, Mexico and Costa Rica also won praise for their work during the period between July 2015 and June 2016.

An economist by training, Velarde, 64, has been at the helm of Peru’s central bank since 2006. His reappointment in 2011...

To continue reading please take a free trial, subscribe or login below.


Already have an account?

Subscribe

Subscribe now for unlimited access to all current and archive news, data and market analysis. 

Subscribe

Free trial

Take a free two-week trial now for the latest news, data and market analysis.

Free Trial

Upcoming Events

Poll

Where will capital markets be busiest in 2017?

Vote    




Popular Searches