Amman, June 8 (Petra) -- The foreign currency reserves at the Central Bank of Jordan (CBJ) increased to $27.181 billion by the end of May, up from $27.051 billion recorded at the end of April, according to official data published on the bank’s website.
The rise reflects continued stability in the Kingdom’s monetary position and the Central Bank’s cautious management of its foreign assets, supported by steady inflows of foreign exchange.
These inflows are largely driven by key external sources, including remittances from Jordanians working abroad, export revenues, and other foreign currency earnings that help support the country’s financial stability.
The level of reserves remains well above last year’s figure of about $25.5 billion, indicating a sustained upward trend in the Kingdom’s external financial buffers.
//Petra// WH
