CBY announces providing private banks of foreign currency

FM meets with Russian President's special envoy for Middle East, Africa

The Minister of Foreign Affairs and Expatriates Dr. Shaya Zindani met today, Friday, in Baghdad, with the Special Envoy of the Russian President for the Middle East and Africa, Deputy Foreign Minister Mikhail Bogdanov.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

GDP grows 0.3 percent in Eurozone, EU in 1Q

The gross domestic product (GDP) in the Eurozone and the European Union (EU) registered a growth of 0.3 percent during the first quarter of the current year compared to the previous quarter.

Bologna Wins Italian Cup Title for Third Time in History

Bologna FC has been crowned the champion of the Italian Cup for the third time in its history, after defeating AC Milan 1-0 in the final match.

Last Update: ، 2025/05/17 Time 05:04:09
Latest News:

PM emphasizes Germany's role in backing government's efforts to address pressing priorities

Tareq Saleh discusses with the Governor of Taiz and the Deputy Minister of Transport the acceleration ..

PM, U.S. Ambassador discuss bilateral relations

Prime Minister Receives Secretary-General of Gulf Cooperation Council

Deputy Foreign Minister discusses ways to enhance cooperation with Italian Official

CBY announces providing private banks of foreign currency

[22/04/2019 08:40]

ADEN-SABA
The Central Bank of Yemen (CBY) has announced readiness to provide private and Islamic banks with foreign currency with a price of YR 506 for one USD or less.

"The Central Bank's foreign banking operation sector announces to all commercial and Islamic banks the bank is ready to sell them their need of foreign currency with the price of 506 YR for one USD or less … for covering credits and importing transfers to their clients and to all goods except basic goods financed by Saudi financial deposit and oil derivatives which has special prices," said the bank in a release on Monday.

The release confirmed that the central bank seeks to create stability in goods prices and services.

The bank called all merchants, businessmen and companies to deposit their funds to banks for making use of facilitations provided by the central bank and for protecting their trade and funds from currency speculation.