1 Day
Source:
وكالة الانباء الاردنية
Tourism and remittances drive exchange sector
The article focused on the impact of rising tourist income and Jordanian workers' remittances on the currency exchange sector in the kingdom. Data showed that tourist income increased by 2.9% during the first eight months of the year, reaching $5.56 billion, reflecting the ongoing tourism activity and influx of foreign currency. Remittances from overseas workers also rose by 14.1% during the same period,amounting to $2.97 billion, supporting increased money transfers and enhancing liquidity in the local market. The article confirmed that these factors directly contribute to stimulating the exchange sector and serving the economy overall. The sector's development, in cooperation with the Central Bank's efforts, strengthens its efficiency and stability amidst the growth in tourism and financial activity.
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