Things that could lead the Jordanian Central Bank to reconsider this policy include sharp changes in the exchange rate of the US
dollar against other major currencies like the euro and the Japanese yen, dramatically changed economic conditions in Jordan or in the region, or other unexpected financial events or interest rate changes.
The US dollar has recorded the largest annual decline in value since 2003 and is forecasted to end 2017 at a three - month low
against other major currencies like the Chinese yuan and Japanese yen.
The US dollar's weakness extended into another month, making the US currency's performance
against other major currencies over the first seven months of 2017 its worst start to a year for more than three decades.
As the U.S. economy strengthens and decouples from the rest of the developed and emerging economies, and as there is unprecedented quantitative easing by the Bank of Japan and the European Central Bank, it is nearly inevitable that the U.S. dollar will rally
strongly against other major currencies.
The 2016 rate cut, combined with a broader loss of confidence in the U.K. economy due to the Brexit vote, led the pound to slide
against other major currencies.
Among stocks on the downturn were Japanese export shares, which shot up in recent sessions as the yen slid
against other major currencies.
In the United States, cities have climbed in the ranking in part because of the relative stability of the US dollar
against other major currencies.
Even with a stronger dollar
against other major currencies, the U.S. continues to be seen as a preeminent place for global investors in both residential and commercial sectors.