Tuesday, June 8, 2021

JOD (Jordanian Dinar)

I did a small research on Jordan's monetary policy and come across this article, written in March 2021. Do you know that JOD is actually stronger than US dollar?

Excerpt:

"The question that should be answered is: “Is it favourable for Jordan to narrow the margin between domestic and US interest rates and deviate in the opposite direction from US interest rate levels?” The answer is that it is pointless to narrow the margin, and it is not in Jordan's interest to deviate in the opposite direction."

https://www.jordantimes.com/opinion/adli-kandah/monetary-policy-independent-jordan

Property in Jordan | Jordanian Real Estate Investment

Image credit - IMF

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