Mubasher: The Central Bank of Jordan (CBJ) reported on Wednesday a rise of 6.3% in the foreign-exchange reserves for the first 10 months of 2015
The bank said that the FX reserves reached $14.96 billion by the end of October 2015, versus $14.07 billion in the same period last year.
Jordan’s foreign-exchange hoard began to rise since early 2013 after the kingdom received grants from the Gulf Cooperation Council member states and other foreign countries. At the time that the Jordanian dinar strengthened on back of the tourism income, transfers by expats and foreign investments.
