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Worst Central Bankers of the World

Thursday, 27 September 2012, 02:42 IST
By SiliconIndia
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2. Riad Salameh


2012 Grade: C


2011 Grade: A


Country: Lebanon


Core Inflation: 6 Percent


Unemployment Rate: 9.7 Percent


Benchmark Interest Rate: 10 Percent



Riad Salameh has been Governor of the Central Bank of Lebanese for 19 years. Salameh'S position fell from grade as high as 'A' in 2011 to 'C' this year after the U.S. authorities raised accusations against the country's banking system, which failed to keep watch over money-laundering and terrorism funding by militant group Hezbollah.



3. Nguyen Van Binh


2012 Grade: C


2011 Grade: N/A


Country: Vietnam


Core Inflation: 5 Percent


Unemployment Rate: 2.29 Percent


Benchmark Interest Rate: 9 Percent



The State Bank of Vietnam Governor Nguyen Van Binh for the first time appeared on the list receiving 'C' grade for his work over the past year. The nation exchange reserves are on the fall, and the country faced a trade deficit of $10 billion in 2012, according to the government.



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