Ready to play
Ready to play
The Monetary Policy Committee of the Central Bank of Jordan has decided to raise interest rates on all monetary policy tools by 25 basis points, effective September 21, 2026. This measure aims to maintain monetary stability and enhance the attractiveness of the Jordanian dinar, based on their assessment of domestic and regional economic developments and to counter inflationary pressures. The inflation rate stood at 2.20% during the first eight months of 2026. Meanwhile, the national economy continues to recover, with tourist income increasing by 2.9% to reach $5.6 billion, migrant worker remittances growing by 14.1%, and exports rising by 7.2%. These developments reflect the Central Bank's efforts to sustain economic stability.
Notice: This Is an AI-Generated Summary
Comments (0)