JD 1.436 million excess reserves at CBJ
Amman - Petra
The Central Bank of Jordan CBJ announced that the volume of excess reserves on Thursday is JD 1.436 million, including the overnight window deposits . The volume of required reserves, is JD 1.150 million. CBJ excess reserves come from the surplus funds of banks needed to finance their operations, where the central bank pays 2 percent annual interest limited to commercial banks, while Islamic banks are not included, CBJ added. The CBJ said that the overnight repurchase agreements which were held with the bank yesterday reached JD4.5 million.
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London - DPA
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Dubai - Arab Today
Dubai-based label ASMARAÏA just launched its pre-fall 2019 collection — and it’s all about cruelty-free, sustainable fashion with a festive edge. Checkmate The 15-piece collection features this checkered skirt-and-jacket ensemble that is giving us major “Clueless” vibes. Gold Rush ‘Tis the season to sparkle and this dazzling, floor-length gold skirt will do the trick. Take note of the chic black bow detail at the waist — it’s the ultimate party look. Feathered fashion The brand works with environmentally-friendly materials such as organic cotton, recycled polyester and faux fur, so you can be sure this feathered look doesn’t come at the cost of an animal’s life. Jewel Tones If you want to glisten like a polished jewel at your next festive function, this emerald-colored skirt is the perfect choice with its sequin details and shimmery overlay. Golden Girl Leopard print
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