Amb. Nasher meets with students in Cuba
The Ambassador of the Republic of Yemen to the Republic of Cuba Mohammed Nasher met with the Yemeni students in Havana and discussed the problems they are facing.
Arab League Calls for Confronting Rising Anti-Muslim Hate
The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.
Oil rises as markets assess supply risks
Oil prices rose today, Tuesday, due to supply concerns, with Brent crude futures climbing $2.89, or 2.9 percent, to $102.83 per barrel.
Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh
Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.
Last Update: ،
2026/04/02
Time
02:02:40
Latest News:
Prime Minister: Health services need to be improved
President al-Alimi praises deep-rooted relations with Kuwait
Prime Minister affirms support for independence of Central Bank
Minister of Planning discusses with UNFPA strengthening partnership, supporting development programs ..
Supporting Yemen’s efforts to address climate change challenges discussed
Latest News:
Prime Minister: Health services need to be improved
President al-Alimi praises deep-rooted relations with Kuwait
Prime Minister affirms support for independence of Central Bank
Minister of Planning discusses with UNFPA strengthening partnership, supporting development programs ..
Supporting Yemen’s efforts to address climate change challenges discussed
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 "Of this amount only $356 million has been withdrawn," he said.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.
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.
Key words:
SABA Yemen's - commodities - speculation - importing - statement - Zemam - importers - authentic - withdrawn - violating -
President al-Alimi praises deep-rooted relations with Kuwait
Yemen condemns Israeli Knesset's approval of law to execute Palestinian prisoners
Yemenia resumes its flights from Aden to Amman
Al-Sharjabi discusses with FAO partnership in water, environment
Yemen Embassy Chargé d’Affaires discusses strengthening bilateral relations with South African official
Presidential Leadership Council member al-Subaihi receives Vice President of WB in Aden
Amb. Bahumaid confers with Malaysian Deputy Foreign Minister bilateral cooperation
Prime Minister receives Vice President of WB in Aden
Torrential rains in Taiz cause deaths of 15 people, widespread material losses
Vice Foreign Minister holds meeting with Yemeni Ambassadors to Arab countries
