1 Day
Source:
سواليف
Interest rate hike takes effect
The Central Bank of Jordan raised interest rates by 25 basis points in order to maintain monetary stability, enhance the attractiveness of the Jordanian dinar, and improve the competitiveness of local assets. This decision comes in response to inflationary pressures and regional and international economic developments. During the first eight months of 2026, the inflation rate was 2.20%, tourist income increased by 2.9% to approximately $5.6 billion, workers' remittances grew by 14.1% to around $3 billion, and exports rose by 7.2% to reach $6.6 billion. The bank continues to monitor economic developments to adopt measures that preserve financial stability and strengthen the national economy.
Size: 120%Text Size
Notice: This Is an AI-Generated Summary
Comments (0)