Jordan

Third Euro-Mediterranean central bank seminar

The third Euro-Mediterranean seminar, which brings together Eurosystem and non-euro area Mediterranean central banks, was jointly organised by the Bank of Greece and the European Central Bank and held in Nafplion on 25 January.

Central Bank of Jordan - Annual Report 2003

The Central Bank of Jordan has published its Annual Report for the year ended 2003. The Jordanian economy managed in 2003 to overcome the negative effects of the unfavorable regional developments that affected the region. The performance of the Jordanian…

Jordan appoints new deputy governor

During its weekly session on Tuesday 13 July, the Jordanian Cabinet decided to appoint Sharif Faris Abdul Hamid Sharaf as deputy governor of the Central Bank of Jordan (CBJ) succeeding Saleh Tayeh who had earlier submitted his resignation, the Jordan…

Jordan unblocks Hamas funds

Jordan's Central Bank has retracted a decision to freeze accounts belonging to leaders of Hamas, the radical Palestinian organisation.

CB Jordan under fire over Hamas freeze

Deputies in the Jordanian Parliment have called for the sacking of CBJ Governor Umayyah Tuqan after the central bank's decision to freeze funds belonging to Hamas, according to the Jordan Times.

Jordan central bank chief rebuked for bank freeze

Members of Jordan's parliament have signed a petition urging Prime Minister Ali Abulragheb to sack the governor of the central bank of Jordan, Umayya Touqan., according to IRIB News.The move came after Touqan froze all bank accounts belonging to six…

Central Bank of Jordan - Annual Report 2002

The Central Bank of Jordan has published its Annual Report for the year ended 2002. The Jordanian economy in 2002 managed to cope with regional and international developments, the Annual Report says. This outcome was achieved through implementing a set…

Jordan c b unveils banking supervision plans

The Central Bank of Jordan plans to develop its banking supervision measures to include an early warning system and early corrective procedures, according to the Jordan Times. The system is based on examining certain criteria such as capital adequacy,…

IMF report argues for dollar peg change in Jordan

An IMF working paper has recommended Lebanon and Jordan carefully consider pegging their currencies to the euro or for a peg to a basket of currencies, as opposed to the current US dollar peg, according to the Daily Star. "Both Lebanon and Jordan are…

Jordanian c b approval needed over Iraqi funds

Jordan's central bank has told banks to secure its authorisation before allowing the withdrawal of funds from Iraqi accounts. AFP reports that the governor of the central bank of Jordan said the measures would help guarantee the security of the banking…

The Fed official who cried 'bubble'

ARTICLE - The article considers the recently released transcript of an FOMC meeting from five years ago. Jerry Jordan warns in the transcript that inflation may not be the main worry for US policy makers in the future. He apparently forewarns, "The…

JD1 coin to be replaced by new banknote in Jordan

JORDAN - The Central Bank of Jordan (CBJ) is expected to soon circulate new banknotes, to replace the current round JD1 coins, following numerous cases of counterfeit detected by security and financial authorities, a bank official said on Tuesday.

Interview: Jordan's cbank governor Umayy Toukan

The new governor of the Central Bank of Jordan, Umayy Toukan, has given his first exclusive interview since taking up the post earlier in 2001. He was interview by Reuters journalist, Suleiman al-Khalidi, in Amman on Feb 13. In the interview the governor…

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