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Central Bank of Jordan - Wikipedia, the free encyclopedia (102 words) |
 | The Central Bank of Jordan is a government-owned bank in 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. |
| This bank, insurance, or other financial services corporation article is a stub. |
| Jordan Central Bank prods banks to expand role (539 words) |
| Fariz criticised the country's 22 private banks for doing little to respond to reforms introduced by the bank in recent years such as the removal of foreign exchange controls, the strengthening of banking supervision and the deepening of the domestic capital market. |
| CBJ is cushioned by a nearly doubling of foreign reserves to a record $1.9 billion since a crisis triggered earlier this year in the run up to the death of King Hussein. |
| CBJ has traditionally incurred the cost of absorbing excess liquidity to preserve monetary stability through its bi-monthly CD auctions, which have come to play in the absence of an active government securities market a critical quasi-fiscal role. |
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