Riyal exchange rate stable, says central bank governor

Foreign Minister Calls ON UNHCHR To Move Quickly To Protect Civilians, Document Houthi Violations

The Minister of Foreign Affairs and Expatriate Affairs Dr. Afrah al-Zouba called on the UN High Commissioner for Human Rights (UNHCHR) Volker Turk and the Human Rights Council to take urgent action regarding the humanitarian repercussions and violations resulting from the military escalation by the Houthi terrorist militias, amid the rapidly unfolding developments on the western coast and the Bab al-Mandeb areas.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/13 Time 11:08:50
Latest News:

Council of Ministers Takes Practical Measures To Respond to Houthi Escalation Implications

Yemeni Rights Network Documents 958 Houthi Violations in Nine Days

Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security

Yemen Ambassador Discusses Relations, Developments with Cuba’s Acting Foreign Minister

Foreign Minister: Empowering State To Protect Its Sovereignty, Coasts Cornerstone For Bab al-Mandeb ..

Riyal exchange rate stable, says central bank governor

[08/12/2018 12:41]

ADEN-SABA
Yemen's central bank said that the exchange rate of the national currency is stable as it had provided private food importers with lines of credit and an exchange rate of one dollar for the YR 440.

In a statement to Saba on Saturday, he said that the bank's foreign-exchange reserves amount to $2.7 billion, two billion of which is the Saudi deposit put in the bank's account in March 2018. "Of this amount only $356 million has been withdrawn," he said. He said the bank would continue to cover the letters of credit for importing basic commodities until the end of 2019.

He warned of the rumored news on exchange rate in the media, saying only the bank through this state-run news agency are the authentic source on such news.

Zemam also said the bank would take legal measures against money exchange firms involved in violating the set exchange rate or impacting it through the practice of currency speculation.