Amman, July 30 (Petra) — The Open Market Operations Committee at the
Central Bank of Jordan (CBJ) decided on Thursday to leave the Central
Bank’s key interest rate unchanged at 5.75%, while keeping all other
monetary policy rates at their current levels.

The Central Bank said the decision is in line with its primary
objective of maintaining monetary stability, preserving the
attractiveness of dinar-denominated assets, and aligning domestic
interest rates with prevailing trends in regional and international
financial markets.

The Committee said the Central Bank will continue to closely monitor
economic and monetary developments at the regional and international
levels and take the measures necessary to safeguard monetary and
financial stability while contributing to the resilience of the
Jordanian economy.

According to the Committee’s assessment, Jordan’s economic
performance remained sound and monetary indicators remained strong
during the period under review. Foreign exchange reserves rose to
$26.1 billion at the end of June, an increase of $4.1 billion
compared with the end of June 2025, providing import coverage
equivalent to 8.6 months.

Inflation averaged 2.03% during the first half of 2026. Meanwhile,
the banking sector continued to maintain adequate levels of
liquidity, profitability and capital adequacy, reflecting the
strength of the banking system and its capacity to finance economic
activity.

Tourism income increased by 7.0% in June despite continued regional
uncertainty and tensions, although it declined by 5.3% during the
first half of the year compared with the same period of 2025.

Remittances from Jordanians working abroad increased by 14.5% during
the first five months of 2026 to approximately $2.1 billion,
reflecting their continued contribution to supporting domestic demand
and the balance of payments.

National exports rose by 7.3% during the first four months of the
year, compared with growth of 1.5% in the corresponding period of
2025, reaching $4.2 billion. The increase reflected the
competitiveness of Jordanian exports as well as improved prices for
several exported commodities in international markets.

Jordan’s economy recorded real growth of 2.9% in the first quarter of
2026, exceeding earlier expectations. The Central Bank projects the
economy to grow by 2.7% for the full year.

//Petra//WH