To fulfil this task, the CBJ adopts a flexible investment policy that is compatible with the ongoing developments in foreign exchange and international financial markets.

Moreover, the CBJ stresses the importance of continuous education and training of banks’ employees so that they keep up to date with developments in the financial market.

The CBJ proposes, upon its initiative or upon government request, specific suggestions and recommendations related to the prevailing economic, financial and monetary conditions.

Furthermore, the CBJ has a distinctive role in the regular consultations between Jordanian authorities and international financial organizations, in particular, those related to economic and structural adjustment programs adopted since 1989.

The CBJ, pursuant to its legal powers, adopts procedures and measures to deal with economic problems to avoid their adverse effects on the Jordanian economy.

Monetary policy tools available to the CBJ to regulate credit include open market operations, the reserve requirement ratio and the discount rate.