Central Bank Keeps Rate at 5.75%
The article discusses the decision of the Central Bank of Jordan to keep the main interest rate steady at 5.75%, aiming to maintain monetary stability and strengthen the resilience of the national economy. The report indicated that the bank's foreign exchange reserves increased to $26.1 billion by the end of June, up by $4.1 billion compared to the previous year, enough to cover the country's imports for 8.6 months. Economic indicators also demonstrated strong performance, with the gross domestic product growing by 2.9% in the first quarter, and sectors such as tourism and exports showing positive growth rates. Additionally, remittances from abroad continued to rise by 14.5%, supporting the balance of payments and economic stability.
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