Jordanian expatriates’ remittances to the Kingdom recorded an improvement in performance during the first 7 months of 2024, soaring by 3.6% to reach $2.054 billion, compared to $1.983 billion during the same period in 2023, data issued by the Central Bank of Jordan (CBJ) showed on Sunday.
Expatriate remittances are a primary source of the Kingdom’s foreign reserves, balance of payments (BOP), and support for the exchange rate of the Kingdom’s national currency.
Source: Jordan News Agency