Search results
Results from the WOW.Com Content Network
The Central Bank of Jordan commenced operations in 1964 and is the sole issuer of Jordanian currency, the Jordanian dinar, which is pegged to the US dollar. The following chart of the trend of gross domestic product of Jordan at market prices by the International Monetary Fund with figures in millions of Jordanian dinars. [26]
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
The Central Bank of Jordan (Arabic: البنك المركزي الاردني) is the central bank of Jordan whose main duties include the release and distribution of the Jordanian currency and the maintenance of a national reserve of gold and foreign currencies. The bank also maintains and insures the safety of the banking environment in Jordan.
From 1949 to 1965, currency issue was entrusted in the Jordan Currency Board. Before 1949, the Palestinian pound was used. [4] In 1949, banknotes were issued by the Jordan Currency Board in denominations of 1 ⁄ 2, 1, 5, 10 and 50 dinars. They bore the country's official name, "The Hashemite Kingdom of the Jordan".
This fixed exchange rate was maintained until 11 May 1972, in which the rupee was devalued to Rs.11/- per dollar. [30] Initially, the Indian and Pakistani rupees were at parity until sterling was devalued in 1949, in which India followed suit but Pakistan did not. This caused the Pakistani rupee to be valued at a 44% premium to the Indian rupee ...
The exchange is governed by a seven-member board of directors. A chief executive officer oversees day-to-day responsibilities and reports to the board. [1] The members of ASE are Jordan's 68 brokerage firms. Amman Stock Exchange became state-owned company under the name "The Amman Stock Exchange Company (ASE Company)" on February 20, 2017. [1] [2]
Pakistan-Jordan contacts began in the 1970s and 1980s, growing stronger since the mid-1990s. In 2001, Pakistani leaders visited Amman to discuss full-scale cooperation. The King of Jordan lauded what he called "deep, strong and historical relations" between the two countries and affirmed Jordan's keenness on consolidating its ties with Pakistan for the benefit of the two peoples.
1993 - Jordan Hospital and Jubilee School established. 1994 - Arab Medical Center in business. 1997 - Amanat 'Amman al-Kubra (city hall) built. [3] 1998 - King Abdullah Stadium opens. 1999 - Amman Stock Exchange founded. 2000 - Al-Hussein Cultural Center inaugurated. [15]