Preliminary data issued by the Central Bank of Jordan showed that expatriate remittances recorded an improvement in their performance during the first half of this year. According to the data, the flow of remittances during the period between January and June increased by 3.6 percent to reach $ 1.74 billion.
The CBE held foreign reserves amounted to $ 19.1 billion until the end of July, compared to the previous June, which amounted to $ 18.73 billion.
According to the bank's data, the size of the cash stock covers the country's foreign currency needs for imports by more than eight months. The data also showed that the value of the central bank's reserves of gold reached a record high of $ 5.76 billion, and 2.390 million ounces.
Source (Al-Arab Newspaper of London, Edited)
