Mohammed Said Nabulsi
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Mohammed Said Nabulsi
Mohammed Said Nabulsi ( ar, محمد سعيد النابلسي; November 1928 – 23 July 2013) was a Jordanian banker, economist and politician. He served as Governor of the Central Bank of Jordan two times, first from 1973–1985, and secondly from 1989–1995. Career Nabulsi was born in November 1928 in November 1928 in Jaffa, Mandatory Palestine. He studied law at Damascus University between 1948 and 1952 and received a Ph.D. in Economics from Georgetown University after studying there between 1954 and 1956 and 1959 and 1960. Between 1958 and 1959 he studied at University of California, Berkeley. From 1952 to 1968 Nabulsi worked for the Central Bank of Syria. After his time in Syria Nabulsi moved to Jordan, where he went to work at the Central Bank of Jordan. While at the same working as a lecturer for the University of Amman. In 1972 he joined the government of Prime Minister Ahmad al-Lawzi as Minister of National Economy. He served for one year, when he became Governor of ...
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Central Bank Of Jordan
The Central Bank of Jordan ( ar, البنك المركزي الاردني) is the central bank of Jordan whose main duties include the release and distribution of the Jordanian currency and the maintenance of a national reserve of gold and foreign currencies. The bank also maintains and insures the safety of the banking environment in Jordan. Foundation Jordan set out preparations to establish the Central Bank of Jordan (CBJ) in the late 1950s. The Law of the CBJ was enacted in 1959. Thereafter, its operational procedures were commenced on the first day of October 1964. The CBJ succeeded the Jordan Currency Board which had been established in 1950. The capital of the CBJ, which is totally owned by the government, was increased gradually, from one million to 18 million Jordanian Dinars. The CBJ enjoys the status of an independent and autonomous corporate body, although its capital is owned entirely by the government. Objectives and functions The law establishing the CBJ stipula ...
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Jordanian Dinar
The Jordanian dinar ( ar, دينار أردني; ISO 4217, code: JOD; unofficially abbreviated as JD) has been the currency of Jordan since 1950. The dinar is divided into 10 dirhams, 100 qirsh (also called piastres) or 1000 fils (currency), fulus. It is pegged to the US dollar. The Central Bank of Jordan commenced operations in 1964 and became the sole issuer of Jordanian currency, in place of the Jordan Currency Board. The Jordanian dinar is also widely used in the West Bank alongside the Israeli new shekel, Israeli shekel. History In 1927, the British administration of the Palestinian Mandate established the Palestine Currency Board which issued the Palestine pound which was the official currency in both Mandatory Palestine and the Emirate of Transjordan. Though Jordan became an independent kingdom on 25 May 1946, it continued to use the Palestinian pound for a while. In 1949, it passed the Provisional Act No. 35 of 1949, which established the Jordan Currency Board as the s ...
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