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| Forex-Arabia |
| Forex-Arabia.com is a privately owned Jordanian financial institution established by Mr. Nouri S. Kelani with a group of experienced investment managers. Forex-Arabia goals are to provide integrated and comprehensive investment and trading services to its clients. |
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 Jordan
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Country name:
conventional long form:Hashemite Kingdom of Jordan
conventional short form: Jordan
local long form: Al Mamlakah al Urduniyah al Hashimiyah
local short form: Al Urdun
Area: 92,300 km2
Location: Middle East, northwest of Saudi Arabia
Population: 5,759,732 (July 2005 est.)
Capital: Amman
Currency: Jordanian Dinar (JOD)
Central Bank: Central Bank of Jordan
Objectives and Functions of the (CBJ):
The law establishing the CBJ stipulates that "the objectives of the Central Bank shall be to maintain monetary stability in the Kingdom, to ensure the convertibility of the Jordanian Dinar, and to promote the sustained growth of the Kingdom's economy in accordance with the general economic policy of the government."
To achieve the above-mentioned objectives, the CBJ's functions have evolved to include the following:
- Issuing and regulating bank notes and coins.
- Maintaining and managing the Kingdom's reserves of gold and foreign exchange.
- Acting as a banker and fiscal agent to the government and public institutions.
- Acting as a banker to banks and specialized credit institutions.
- Maintaining the Safety of the Banking System.
- Advising the government on the formulation and implementation of fiscal and economic polices.
- Managing monetary problems and participating in containing local economic problems.
- Regulating credit.
Stock Exchange(s):
Amman Stock Exchange
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