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Remittances to Jordan dropped, says official

Currency exchange activity at the local money exchange market is weak due to the lack of liquidity, official at the Jordanian Money Exchange Association (JMEA) Khaled Zoubi said Monday.Speaking to the Jordan News Agency (Petra), Zoubi indicated that re…

Currency exchange activity at the local money exchange market is weak due to the lack of liquidity, official at the Jordanian Money Exchange Association (JMEA) Khaled Zoubi said Monday.

Speaking to the Jordan News Agency (Petra), Zoubi indicated that remittances flow into the Kingdom dropped in number and value during November, compared to October, noting that most of these remittances come from the Arab Gulf states, the United States and Europe.

He also pointed out that the number and value of remittances from Jordan are stable this month, and most of them are commercial remittances and amounts of money of foreign workers to their countries.

Source: Jordan News Agency