Saudi Arabia’s Voluntary Carbon Market Fuels the Shift to a Low-Carbon
Under UAE President’s directives, UAE launches urgent relief response for Ghana flood victims
Combating Desertification and Drought: Qatar a Model in Preserving Natural Resources, Establishing Environmental Stability
UAE allocates US$30 million for emergency humanitarian response in El Obeid, calls for civilian protection, safe humanitarian aid access in Sudan
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
