Ammon News - The Jordanian dinar witnessed strong demand driven by the approaching end of the fiscal year, according to the Secretary-General of the Jordanian Exchange Association, Alaa Diraniyeh.

The demand for the dinar was strong during the past two days, driven by financial settlement operations, Diraniyeh pointed.

Diraniyeh also indicated that the demand for dinar will increase before the end of 2024 due to companies closing their budgets in Jordanian dinars, in addition to citizens paying their obligations before the end of the year.

He stated that the demand for Arab and foreign currencies is witnessing a noticeable calm in light of the decline in tourism activity due to the political situation in the region.

The Pound sterling witnessed a rise against the US dollar on Friday, by 0.41 percent, according to British financial reports.

The sterling was trading at $1.2573, and rose 0.18 percent against the euro to reach 1.2046 euros.