FINANCIAL NEWS

Money supply in Jordan grows to JOD31.1bn

07 Sep 2016

(MENAFN) Jordan’s money supply M2 increased to JOD32.301bn in July this year, while it reached JOD31.116bn at the same month of last year.Moreover, the kingdom’s M2 reached all-time high of JOD32.301bn in the same month of this year and a record low of JOD4.48bn in Jan of 1994.On the other hand, for money supply M1, it grew to JOD10.360bn in July this year, up from JOD10.30bn for the same month of 2015.

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