CBJ will raise interest rates by 50 basis points starting from Sunday

AMMAN — The Open Market Operations Committee of the Central Bank of Jordan (CBJ) decided, on Thursday, to raise interest rates by 50 basis points on all monetary policy tools of the bank, as of next Sunday, according to Al-Mamlaka.اضافة اعلان

According to a statement by CBJ, “This decision comes, in line with its objective of maintaining monetary and financial stability in the Kingdom, to contain the expected domestic inflationary pressures of the continued rise in global inflation rates, in regional and international financial markets.”

CBJ will continue to monitor all economic and monetary developments, locally, regionally, and internationally, to take the necessary measures to maintain monetary and financial stability in the Kingdom, as the bank stated.


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