The Open Market Operations Committee of the Central Bank of Jordan kept the key interest rate at 5.75 % and left all other monetary-policy instrument rates unchanged, saying this is consistent with safeguarding monetary stability, banking soundness and the dinar’s appeal amid rising global and regional uncertainty. After cutting the rate by a cumulative 75 bp via three 25 bp moves between September and December 2025, the central bank has held it steady in its first two meetings of 2026. International reserves climbed to USD 28.2 bn at end-February 2026, covering 9.9 months of imports, while deposit dollarisation fell to 17.7 % in January, underscoring policy credibility. Inflation stayed moderate at 1.11 % in the first two months of 2026, and real GDP growth accelerated to 2.75 % in the first three quarters of 2025 with a similar pace expected for the full year; stress-test results point to comfortable capital, liquidity and profitability levels across banks. Robust external-sector data—tourism income up 7.6 % to USD 7.8 bn in 2025, workers’ remittances up 4.5 % to USD 4.5 bn, exports up 10.1 % to USD 14.9 bn and FDI inflows up 27.7 % to USD 1.5 bn—continue to support the macro-fundamentals. The committee pledged ongoing close monitoring and stands ready to take timely action to uphold monetary and financial stability.
Central Bank of Jordan 2026-03-19
Central Bank of Jordan keeps policy rate unchanged at 5.75%
The Central Bank of Jordan kept its key rate at 5.75% and left all other policy rates unchanged, saying this supports monetary stability, banking soundness and the dinar’s appeal amid global and regional uncertainty. It underscored solid fundamentals—foreign reserves at USD 28.2 bn (9.9 months of imports), lower dollarisation and 1.11% YTD inflation—and pledged readiness to act if conditions shift.