VOL. XXXIX No. 59 11-November-1996JORDAN

Central Bank Of Jordan Announces Liberalization Measures The Central Bank of Jordan has taken a major step towards financial deregulation by announcing a series of measures designed to liberalize the economy and provide banks with more autonomy and flexibility. The first move removes a ceiling equivalent to JD500,000 ($706,000) on foreign currency deposits which Jordanians can hold in domestic banks. The second reduces a compulsory reserve...