AMMAN — The Open Market Operations Committee at the Central Bank of Jordan (CBJ) decided during its seventh meeting of 2026 to maintain interest rates on all monetary policy instruments at their current levels unchanged.

 

The decision follows the committee's assessment of local, regional, and international economic, monetary, and financial developments, aligning with the central bank's objective to maintain monetary stability and enhance the attractiveness of the Jordanian Dinar and dinar-denominated assets, Jordan News Agency, Petra, reported.

 

On monetary and economic indicators, CBJ foreign reserves reached approximately $28.5 billion at the end of September 2026, sufficient to cover the Kingdom's imports of goods and services for over nine months.

 

Inflation remained at moderate and stable levels, averaging 2.26 per cent during the first nine months of 2026, while the banking sector continues to demonstrate resilience in supporting economic activity.

 

Real Gross Domestic Product (GDP) grew by 3.0 per cent during the second quarter of 2026, exceeding expectations.

 

This growth was accompanied by positive performance across key external sector indicators, as tourism receipts rose by 4.9 per cent during the first three quarters of 2026 to reach around $6.4 billion.

 

Remittances from Jordanians working abroad grew by 14.5 per cent during the first eight months of 2026, reaching approximately $3.4 billion.

 

Total exports also increased by 11.2 per cent over the same period, reaching around $10.5 billion.

 

These developments reflect the resilience of the national economy and its ability to maintain a sustainable growth trajectory amid stable monetary and financial conditions.

 

The CBJ reaffirmed its commitment to monitoring economic, monetary, and financial updates locally and internationally, taking necessary measures to maintain monetary and financial stability.