Euro hits lowest level against the Jordanian dinar since 2002

AMMAN — The euro recorded its lowest level against the Jordanian dinar since 2002 on Sunday at JD0.72, said head of Alawneh Exchange Company Ayman Alawneh, according to Khaberni.اضافة اعلان

He said that local demand for the euro had increased by about 30 percent over the past five days, due to traders covering old commitments paid in euros at a lower price.

Alawneh underlined that the local market has ample supply of euros brought in by tourists and visitors as well as through local banks and international shipping.

He added that countries trading in euro are benefiting from the sharp decline of the currency. Importers of European goods are also benefiting from the current drop as well as tourists travelling to the Eurozone from Jordan.


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