Alaa Diraniyah, Secretary-General of the Jordanian Money Changers Association, confirmed that the increase in reserves to $23.8 billion reflects the wise policy adopted by the Central Bank over recent years.

Diraniyah told “Al-Rai” that the rise in Jordan’s foreign reserves to $23.8 billion is safe and comfortable.

He explained that demand for the Jordanian dinar remains within its natural levels.

Data from the Central Bank of Jordan showed that foreign reserves in Jordan reached a new record level of $23.894 billion by the end of September this year.

The data also indicated that the value of the bank’s gold reserves reached a new record, exceeding $9 billion by the end of September.

According to the data, the Central Bank’s gold reserves amounted to approximately 2.353 million ounces by the end of September.

The data clarified that Jordan’s foreign reserves are sufficient to cover the kingdom’s imports of goods and services for 9.1 months, a coverage rate reached by Jordan for the first time.

On Monday, the British pound declined against the US dollar while remaining stable against the euro.

According to reports from British financial centers, the pound fell by 0.35% against the dollar, trading at 1.34434 dollars, while it maintained some stability against the euro, rising by 0.07% to 1.15041 euros.