Central bank of Jordan raises rates by 25 bps, following Fed

Kitco Media
By Reuters
Published:
Updated:
Reuters
AMMAN, Feb 2 (Reuters) - The Central Bank of Jordan on Thursday raised its main interest rates by 25 basis points following the U.S. Federal Reserve's latest hike, the bank said in a statement. Jordan’s currency is pegged to the dollar and the kingdom follows Fed moves almost unfailingly. The move aimed to maintain the attractiveness of dinar dominated assets, a central bank official said. (Reporting by Suleiman Al-Khalidi; Editing by Jon Boyle)

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