YCB decides US dollar exchange rate at 506 (YR)

Deputy Minister of Planning Discusses Economic Resilience Project with EU and OECD

Deputy Minister of Planning and International Cooperation, Dr. Nizar Basuhayb, met with a delegation from the European Union and the Organisation for Economic Co-operation and Development (OECD) in Aden to discuss the Economic Resilience Project in Yemen and ways to develop its programs in the coming period.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

More than 1,500 flights canceled in U.S. amid ongoing government shutdown

Airlines canceled more than 1,500 flights in the United States today, Monday, for the fourth consecutive day, amid continued government flight reductions and the absence of air traffic control staff.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/17 Time 07:15:21
Latest News:

Minister of Industry and Trade Discusses Partnership Opportunities with EU and OECD Delegation

President al-Alimi Returns to Aden

Vice Foreign Minister receives credentials of new UNFPA's Representative ADEN - SABA

Leadership Council listens to Prime Minister's report on progress of reform process, welcomes findings ..

Deputy Speaker of Shura Council Meets Chinese Chargé d'Affaires

YCB decides US dollar exchange rate at 506 (YR)

[14/07/2019 12:31]

ADEN-SABA
Central Bank of Yemen (CBY) in the temporary capital Aden has approved on Sunday to provide foreign currency cash for importing basic commodities at exchange rate 506 Yemen Rial (YR) for 1$.

A statement issued by the CBY seen by the Yemeni News Agency (Saba) reads" This measure has been taken to ensure basic commodity supplies in the Yemeni markets at accessible prices".

The statement added" The measure was adopt due to the continuous speculation over currency by Iran-aligned Houthi militia, black-market speculators and the Houthi militia's committees charged destroying the economy who destabilized the currency, created concerns and anxiety in the market".

The CBY and Economic Committee held Houthi militia accountable for currency slide down , increasing prices and black market booming .