The Central Bank of Jordan’s Open Market Operations Committee, at its sixth meeting of 2026, decided to raise interest rates on all monetary policy instruments by 25 basis points, effective Monday, September 21, 2026.
The decision aligns with the Central Bank’s primary goal of maintaining monetary stability and strengthening the attractiveness of the Jordanian dinar and the competitiveness of dinar-denominated assets, by aligning domestic 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, monetary policy directions among central banks, and measures taken to address mounting inflationary pressures.
Domestically, the Kingdom’s inflation rate 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 solidity of the Kingdom’s monetary and banking conditions, and the continued recovery of economic indicators, as tourism income grew by 2.9% during the first eight months of 2026, reaching around $5.6 billion, driven by a notable improvement in its performance over the last three months, during which average growth reached around 17%.
Remittances from Jordanian workers abroad also continued their strong performance, recording growth of 14.1% during the first seven months of 2026, reaching around $3.0 billion, while national exports rose by 7.2% during the same period, reaching a value of $6.6 billion.
The Central Bank affirms it will continue monitoring economic and monetary developments and assessing their implications for the national economy and taking necessary measures to preserve monetary and financial stability, and contribute to strengthening the resilience of the national economy.
Central Bank of Jordan
Resource: Al Ghad.
