Jordan Daily – Foreign reserves at the Central Bank of Jordan stood at $20.4 billion at the end of October 2024, sufficient to cover more than eight months of the Kingdom’s imports of goods and services, according to data released by the central bank.
The data also revealed that inflation remained low and stable, with a rate of 1.6% recorded during the first three quarters of 2024.
Bank deposits rose by JD 3.1 billion as of the end of September 2024, marking a 7.1% year-on-year increase, bringing total deposits to JD 46.3 billion. Meanwhile, credit facilities extended by banks grew by JD 1.4 billion, a 4.3% annual rise, reaching JD 34.7 billion.
