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

Prime Minister arrives in United Arab Emirates on official visit

Prime Minister Salem Saleh bin Braik arrived Wednesday in the Emirati capital Abu Dhabi on an official visit in response to an invitation from the leadership of the sisterly United Arab Emirates.

Israeli Aggression in Gaza leaves 66,005 People Martyred and 168,162 Others Injured

The Israeli occupation's assault on Gaza since October 7, 2023 has claimed a devastating toll of 66,005 lives and 168,162 injuries.

Total of Korean companies grows in 2024 despite industrial companies decline

Data from the Korean Statistical Office showed that the figure of companies in Korea increased by about 2 percent in 2024 compared to the previous year, but the number of industrial companies decreased by more than 6 percent amid an economic slowdown.

Bulgaria Welcomes Home Silver Medalists from FIVB Men's Volleyball World Championship

Bulgaria prepares to honor its men's national volleyball team upon their return from the FIVB Men's Volleyball World Championship, where they secured a historic silver medal finish.

Last Update: ، 2025/10/02 Time 05:52:05
Latest News:

Minister of Interior discusses with British Ambassador enhancing cooperation in security field

Russian President Vladimir Putin Appoints New Ambassador to Yemen

Presidential Council Member Meets US Ambassador to Yemen

Basuhaib discusses with UNICEF, international partners interventions to combat malnutrition

Agriculture Ministry Deputies and French Ambassador Discuss Support for Agriculture and Fisheries Sectors

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.