Foreign Reserves Reach $13billion End Of July

October 6, 2017

 AMMAN -- The Central Bank of Jordan's (CBJ) foreign reserves stood at $12.982 billion at the end of July this year sufficient to cover the Kingdom's imports of commodities and services for 7.3 months, according to the monthly bulletin of the Central Bank of Jordan (CBJ).
Local liquidity remained almost the same at the end of July 2017 compared to the same period of 2016, reaching JD32.7 billion compared to JD32.8.
The report also indicated that the accumulative credit facilities extended by licensed banks in the Kingdom increased by 5.1 per cent, up to a total of JD24.8 billion compared JD22.9 billion.
Deposits slightly declined from 2016 standing JD32.8 billion, compared JD32.9 billion.
Petra News Agency
October 5th, 2017