Central Bank’s Reserves Up 0.5% in 2017

Gold Up 36.6%, Foreign Currency Reserves Down 3%

تم نشره في Sun 21 January / Jan 2018. 01:00 AM
  • Central Bank of Jordan (CBJ) Building, Amman - (Archives)

AMMAN —AlGhad— The Central Bank of Jordan (CBJ)’s overall reserve of foreign currencies and gold has increased by 0.5 per cent in 2017 to JOD12.171 billion, compared to JOD12.115 billion in 2016, according to CBJ’s annual bulletin.

The Bank’s reserve of gold has increased by 36.6 per cent, from JOD1.078 billion in 2016 to JOD1.473 billion in 2017.

Meanwhile, reserves in foreign currencies have declined to JOD10.698 billion, compared to JOD11.037 billion in 2016, down approximately 3 per cent.

The United States of America provides Jordan with some USD1.2 billion in aids and grants, per annum.

Notably, Jordan’s overall reserve of hard currency and gold has declined in 2016 by 5.5 per cent, from 2015’s JOD12.829 billion, to JOD12.115 billion.