AMMAN
— Jordan's financial and banking sector has confirmed a strong demand for the
Jordanian Dinar, with the approaching
Eid al-Fitr holiday, according to
Khaberni.
اضافة اعلان
This
demand is attributed to the rise in remittances from Jordanians working abroad
and an
increase in tourism activity.
Tourism income on the riseAccording
to figures released by the
Central Bank, the
Kingdom's tourism income during
the first quarter of this year increased by 88.4 percent, compared to the same
period in the previous year, registering $1.671 billion.
This
rise in tourism activity has led to a large supply of various foreign
currencies in the local market, strengthening Jordan's foreign currency
reserves.
Expectations for other currenciesWith
the Eid holiday period approaching, Firas Sultan, the second vice president of
the
Jordan Chamber of Commerce (JCC), expects a demand for other currencies
such as the Egyptian pound and Turkish lira, as more people from Jordan go
abroad during this period.
The
exchange sector in Jordan comprises 250 companies and branches, which are
distributed throughout the Kingdom, employing approximately 4,000
Jordanian employees.
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