Jordanian Dinar Shows Resilience; Exchange Rate Trends in 2022

The Jordanian Dinar showcased its resilience in 2022, with a notable rise in its exchange rate against major global currencies. The annual report from the Jordanian Central Bank unveiled an increase of 6.9 percent against the Euro, 9.1 percent against the British Pound, and a significant 18.6 percent against the Japanese Yen. This positive trend reflects Jordan’s stable economic foundation and well-considered monetary policies. The Central Bank’s steadfast commitment to a fixed exchange rate policy against the US Dollar since 1995 has bolstered economic stability and instilled investor confidence in the country’s financial landscape.

WAM is Annual Investment Meeting’s main media partner

Emirates News Agency (WAM) has signed a memorandum of understanding to become the main media partner for the Annual Investment Meeting 2023 to be held at the Abu Dhabi National Exhibition Centre from May 8th to 10th. The event, which is anchored on the theme “The Investment Paradigm Shift: Future Investment Opportunities to Foster Sustainable Economic Growth, Diversity and Prosperity,” is supported by the Ministry of Industry and Advanced Technology in partnership with the Abu Dhabi Department of Economic Development.