Riyal exchange rate stable, says central bank governor

UN suspends movement in areas controlled Houthi militia

The United Nations announced Friday the suspension of all the organization's movement in areas under the control of the Iran-backed Houthi militia, until further notice, to protect safety of its staff.

Gaza Civil Defense says remains of 137 martyrs recovered in Rafah since ceasefire

The Gaza Civil Defense announced that the bodies and remains of 137 have been recovered from the city of "Rafah" in the southern Gaza Strip since the ceasefire began.

China leads world in production, sales of new energy vehicles

China has ranked first in the world for ten consecutive years, in terms of the production volume and sales volume of new energy vehicles, which amounted to 12.888 million units and 12.866 million units, respectively.

Liverpool Qualifies for Champions League round of 16

Liverpool FC qualified for the last 16 of the UEFA Champions League after defeating its guest Lille of France 2-1 in the match that brought them together at Anfield Stadium in Liverpool.

Last Update: ، 2025/01/24 Time 10:52:20
Latest News:

Yemen Transport minister exhorts traders, importers, and shipping companies to operate trips to liberated ..

Yemen PM says Houthi terror r-designation a step in the right direction

USIP hosts Prime Minister in closed session to discuss Yemen developments

Government, IFM annual meetings conclude in Amman

Yemen Ambassador, Portuguese Foreign Minister discuss bilateral relations

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 "Of this amount only $356 million has been withdrawn," he said.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.