Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal

Health Minister: We Aim to Leverage Chinese Expertise in Developing Health Sector in Yemen

Minister of Public Health and Population Dr. Qasem Buhybeh has called for establishing a hospital in Yemen that offers traditional Chinese medicine services alongside modern medical services.

Splendour of "Hellenistic Gold” Exhibition Showcases Rare Treasures from Bulgaria’s Sakar Region

A major new exhibition titled “The Splendour of Hellenistic Gold: The Ruler of Sakar” has opened at Bulgaria’s National Archaeology Museum in Sofia, bringing to light some of the most exquisite artifacts ever discovered in the country’s southeastern Sakar region.

U.S. federal debt exceeds $37 trillion

The federal debt of the United States has continued to rise, reaching $37.005 trillion, an increase of $6.3 billion, continuing the rapid upward trend of the debt, which shows no signs of slowing down.

Uganda and South Africa beat Niger and Guinea in the African Nations Championship

Uganda defeated Niger 2-0 in their Group C match at the African Nations Championship, currently being held in Uganda, Kenya, and Tanzania.

Last Update: ، 2025/08/16 Time 10:46:36
Latest News:

Aircraft "Kingdom of Awsan" arrives Aden International Airport

President al-Alimi Congratulates on Korean National Day

President al-Alimi Congratulates on the Anniversary of India's Independence

Supreme Council of Energy endorses plans to improve electricity services

Marib Deputy Governor discusses enhancing humanitarian partnership with UNDP, UNICEF

Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal

[22/09/2020 03:38]

ADEN - SABA
Yemen’s Central Bank took a number of initial measures to control the dramatic depreciation of the national currency.

In a meeting in the bank’s headquarters in Aden today, the bank’s leadership adopted measures to regulate the import of fuel cargos, suspend the business permits for four money exchange businesses, suspend most local remittance networks as of Saturday 26th September until the creation of one network of exchangers that operates under the supervision of the bank.

The bank also decided to carry out regular inspection measures on money exchange businesses to control money speculation practices.