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✉news BusinessBanking first seen 13 h ago, last 9 h ago, peak #8

Jordan's foreign reserves rise to $28.5 billion

Original: ZAWYA: Foreign reserves at Central Bank of Jordan rise to $28.5bln

The Central Bank of Jordan's foreign currency reserves have increased to $28.5 billion, according to Zawya. The rise signals a stronger external position for the kingdom and greater capacity to defend the dinar's peg to the dollar, an anchor of Jordan's monetary policy. Reserves at the Amman-based central bank are closely watched by investors and regional economists as a gauge of the country's financial stability.

Why now: Rising reserves signal improved financial stability for Jordan, drawing attention from investors and regional watchers.

Central Bank of JordanJordanZawya

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