Tourism and remittances boost currency activity
The forex sector in Jordan is experiencing growth driven by increased tourism income and expatriate remittances. Tourism revenue rose by 2.9% to reach $5.56 billion over the first eight months of the year, while workers' remittances abroad increased by 14.1% to $2.97 billion. This boost enhances foreign currency liquidity, stimulates activity in the exchange market, and generally supports the local economy by improving purchasing power and encouraging sectors such as trade and services.
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