Jordanian banks increase interest rates
The Central Bank of Jordan has decided to implement an increase of 25 basis points across all monetary policy tools, aiming to maintain monetary stability, enhance the attractiveness of the Jordanian dinar, and align with trends in regional and international financial markets. This increase comes in the context of a 2.20% inflation rate during the first eight months of 2026, attributed to rising inflationary pressures and domestic and global economic developments. The bank indicated that the Jordanian economy remains resilient, with tourism income growing by 2.9% to approximately $5.6 billion, outbound remittances increasing by 14.1%, and exports rising by 7.2%. It also emphasized ongoing monitoring of economic developments and the necessary measures to sustain financial stability.
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