AMMAN — The Central Bank of Jordan's (CBJ) foreign reserves stood at $12.883 billion at the end of 2016, sufficient to cover the Kingdom's imports of commodities and services for seven months, the Jordan News Agency, Petra, reported.
Local liquidity increased by 4 per cent in 2016 compared to 2015, reaching JD32.876 billion, according to CBJ's monthly report.
Deposits increased last year by 1 per cent from 2015, up to JD32.9 billion, JD26 billion of which was in Jordanian dinars while the rest in foreign currency, the report said, adding that "interest rates in 2016 regressed on deposits and facilitation, compared to 2015, except for bills and deducted bonds".
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