14 Hrs
Source:
المقر
Strong demand for the dinar among exchange firms
The currency exchange market in Jordan experienced strong demand for the dinar, driven by increased economic activity, particularly in exports and remittances from expatriates. Remittances sent by Jordanians working abroad rose by 13.3% during the first quarter of the year, reaching $1.6 billion. Additionally, foreign exchange reserves increased by $1.7 billion to reach $27.2 billion by the end of May, with expectations of business and tourism activities expanding as expatriates and tourists from the Gulf return. The financial sector affirms that the economic results since the beginning of the year demonstrate resilience and stability, reinforcing both local and international confidence.
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