The Open Market Operations Committee of the Central Bank of Jordan, in its sixth meeting for the year 2026, decided to raise interest rates on all monetary policy instruments by 25 basis points, effective from Monday, September 21, 2026. This decision aligns with the Central Bank's primary goal of maintaining monetary stability and enhancing the attractiveness of the Jordanian Dinar and assets denominated in it, by aligning local interest rates with prevailing trends in regional and international financial markets. The Committee made its decision in light of its review of the most significant economic, monetary, and financial developments locally, regionally, and internationally, and the monetary policy orientations of central banks, and the measures taken to address rising inflationary pressures.
On the local front, inflation in the Kingdom reached 2.20% during the first eight months of 2026, compared to 1.86% during the same period last year. The latest available indicators point to the robustness of monetary and banking conditions in the Kingdom, and the continued recovery of economic indicators. Tourism income grew by 2.9% during the first eight months of 2026, reaching about $5.6 billion, driven by a noticeable improvement in its performance over the last three months, with an average growth of about 17%. Remittances from Jordanians working abroad continued their strong performance, recording a growth of 14.1% during the first seven months of 2026, reaching about $3.0 billion, and national exports increased by 7.2% during the same period, reaching a value of $6.6 billion.
