ammonnews.net

Ammon News - Representative of the financial and banking sector at the Jordan Chamber of Commerce, Firas Sultan, said that there is a strong demand for the Jordanian dinar at money exchanges, due to the tourism activity in the Kingdom and remittances from expatriates working abroad.

He added that the Kingdom is witnessing a strong tourist movement from various countries, which contributed to the high demand for the dinar and the increase in the supply of various foreign currencies, especially the US dollar.

Jordan's tourism income achieved during the past seven months of 2023, an increase of %50.1, to reach $ 4.238 billion, driven by the increase in the number of tourists coming to the Kingdom.

Remittances from Jordanians working abroad during the first half of this year amounted to $1.6838 billion, compared to $1.6898 billion during the same period last year 2022.

The exchange sector in Jordan has witnessed great development over the past years in terms of services and keeping pace with global developments in this field, Sultan noted.

He praised the great role played by the Central Bank of Jordan through its prudent policy in maintaining the monetary policy in the Kingdom and enhancing confidence in the local currency.