Ammon News - Secretary-general of the Jordanian Money Exchange Association Alaa Deranieh has affirmed the robust and active demand for the Jordanian Dinar in the local money exchange market, attributing it to the abundance of Gulf currencies.

Speaking to the Jordan News Agency (Petra) on Thursday, Deranieh indicated that the exchange market is performing well and at its usual levels for this time of year, highlighting the seamless flow of remittances into and out of the Kingdom.

Furthermore, he said that the local exchange market is expected to experience a thriving and prolonged summer season due to the influx of expatriates and the flourishing tourism sector in the Kingdom.

In turn, Yaser Abu Abu Sheikha, General Director of Abu Sheikha Exchange Company, pointed out the intense and noticeable activity of incoming and outgoing remittances to and from the Kingdom, noting that there is a strong demand for the Jordanian Dinar, while it is good for the Turkish Lira and certain European currencies.

Around 250 companies and branches are operating in the currency exchange sector throughout the country, providing employment to approximately 4,000 local workers.