CBJ lowers interest rates on monetary policy instruments by 50 basis points

Reuters

The CBJ also reported a record level of foreign exchange reserves, hitting $20 billion by the end of August

Staff Writer, The Jordan Times

September 20, 2024

PHOTO

AMMAN — The Central Bank of Jordan (CBJ) on Thursday decided to lower interest rates on all monetary policy instruments by 50 basis points, effective Sunday.

The CBJ also reported a record level of foreign exchange reserves, hitting $20 billion by the end of August.

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