The Kingdom’s foreign currency reserves currently stand at JD17.6 billion, which is the “highest” in the history of Jordan, Deputy Governor of the Central Bank of Jordan (CBJ) Adel Sharkas said on Wednesday.
During a meeting with the Lower House Finance Committee to discuss the 2022 draft general budget and budget of independent government units, Sharkas said that the reserves cover the Kingdom’s imports for nine months, according to a CBJ statement.
He also stressed that Jordanian banks enjoy a “high level” of efficiency, where financial solidity indicators of Jordanian banks are among the best in the region.
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