September 8, 2016
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
Careful signaling to markets and consumers by Peru’s Julio Velarde helped keep inflation in check. By Robert Kozak