• HSBC

Jordan Central Bank not worried about inflation

  • Jordan: Sunday, August 23 - 2009 at 10:41

Umayya Toukan, governor of the Central Bank of Jordan, has said he is not worried about inflation risks in the country, even with oil's recent climb above $70 a barrel, Reuters has reported. "Clearly compared to $140 last year, the $70 plus it is not really a big concern at the moment," he said. The Jordanian economy is expected to grow 3% - 4% this year, roughly half of last year's rate.

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