AMMAN — The Open Market Operations Committee at the Central Bank of Jordan (CBJ) on Thursday decided to keep the main policy interest rate unchanged at 5.75 per cent, in line with its objective of maintaining monetary stability, preserving the attractiveness of Jordanian dinar-denominated assets, and keeping local interest rates aligned with regional and international financial market trends.

 

The committee also decided to leave interest rates on all other monetary policy instruments unchanged, according to a CBJ statement.

 

The committee said the CBJ will continue to closely monitor regional and international economic and monetary developments and take all necessary measures to safeguard monetary and financial stability while strengthening the resilience of the national economy.

 

A comprehensive assessment of economic and monetary performance during the available period of this year highlighted the strength of key indicators. Foreign exchange reserves rose to $26.1 billion at the end of June 2026, up $4.1 billion from a year earlier. The reserves are sufficient to cover 8.6 months of the Kingdom’s imports of goods and services, while inflation remained low at 2.03 per cent during the first half of 2026.

 

The Jordanian banking sector also continued to record healthy levels of liquidity, profitability and capital adequacy, underscoring its resilience and capacity to finance economic activity.

 

Despite ongoing regional uncertainty and geopolitical tensions, tourism revenues increased by 7 per cent in June 2026. However, they declined by 5.3 per cent during the first half of the year.

 

Remittances from Jordanians working abroad remained robust, rising by 14.5 per cent during the first five months of 2026 to approximately $2.1 billion, providing continued support to domestic demand and the balance of payments.

 

National exports increased by 7.3 per cent during the first four months of the year to reach $4.2 billion, compared with growth of 1.5 per cent in the corresponding period of 2025. The increase reflected the competitiveness of Jordanian exports and favourable international price adjustments for key export commodities.

 

The national economy expanded by 2.9 per cent in real terms during the first quarter of 2026, exceeding initial forecasts. Full-year economic growth is projected to reach 2.7 per cent.