Foreign reserves up to around $13b in H1 2017

AMMAN — The Central Bank of Jordan's (CBJ) foreign reserves stood at JD13.105 billion at the end of June this year, sufficient to cover the Kingdom's imports of commodities and services for 7.4 months, the Jordan News Agency, Petra, reported.

The report also indicated that credit facilities extended by licensed banks in the Kingdom increased by 5 per cent, up to a total of JD24.53 billion in June this year, compared to JD22.906 billion at the end of last year. Deposits also slightly increased to JD32.786 billion from JD32.09 billion at the same comparison period.

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