Ammon News - AMMONNEWS - Remittances of Jordanian expatriates have increased by 4.1 per cent at the end of February, 2014 reaching $550.1 million compared with $528.6 million in the same period of 2012, according to the Central Bank of Jordan (CBJ).

The CBJ attributed the rise to the improvement of the economies of countries employing Jordanians from the repercussions of the global economic crunch.

The Bank said the rise in remittances increased the Kingdom's foreign reserves that are needed to support economic activities in various sectors.

*Petar