Strong Dinar Demand Reflects Rising Tourism, Remittance Inflows

Amman, Oct. 21 (Petra) — A noticeable uptick in demand for the Jordanian dinar at local exchange companies is signaling renewed economic vitality, driven by growth in both tourism and remittance inflows, according to Firas Sultan, the financial and banking sector representative at the Jordan Chamber of Commerce.

In remarks made Tuesday, Sultan noted that this trend reflects increased tourist activity, with tourism revenues climbing by 6.8% from the start of the year through the end of September, reaching nearly $6 billion. This upswing has positively impacted a wide array of service sectors.

He also pointed to a steady rise in remittances from Jordanians abroad, which grew by 3.1% to $3 billion as of the end of August, compared to the same period in 2024. These inflows are contributing to stronger performance in the currency exchange market.

Sultan underscored the progress made by Jordan’s exchange sector in adopting modern technologies and aligning with global standards. He credited the Central Bank of Jordan for its effective monetary policy and for reinforcing confidence in the dinar amid regional and global economic fluctuations.

//Petra//WH
21/10/2025 11:20:06