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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Jordan forex reserve surges to $9.2bln

Posted on 20 July 2009

From Tradearabia.com: Jordan’s net foreign reserves rose to a record $9.2 billion at end of June against $6.6 billion in the same period last year with healthy inflows into the local currency, central bank data showed on Friday.

Central Bank of Jordan (CBJ) figures obtained by Reuters attributed the rise in foreign reserves to strong capital inflows over the last twelve monthsfrom tourism, expatriate remittances and foreign direct investments………..Full Article: Source


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