The Central Bank of Jordan’s Open Market Operations Committee held interest rates on all monetary policy instruments unchanged, seeking to preserve monetary stability and the attractiveness of the Jordanian dinar and dinar-denominated assets amid moderate inflation and stronger-than-expected growth. This followed cuts in October and December 2025, a key-rate hold at 5.75% in July 2026 and a 25-basis-point increase in September. Inflation averaged 2.26% in the first nine months of 2026, while real gross domestic product grew 3.0% in the second quarter, exceeding expectations. The banking sector remained resilient and able to support economic activity. Foreign reserves stood at about USD 28.5 billion at end-September 2026, covering more than nine months of goods and services imports. The central bank said it would continue monitoring domestic and external developments and take necessary measures to preserve monetary and financial stability and strengthen economic resilience.
Central Bank of Jordan Holds Policy Rates Unchanged
The Central Bank of Jordan held interest rates on all monetary policy instruments unchanged to preserve monetary stability and the attractiveness of the Jordanian dinar and dinar-denominated assets. Inflation averaged 2.26% in the first nine months of 2026, while real gross domestic product grew 3.0% in the second quarter, exceeding expectations.