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Last Update: ،
2026/06/16
Time
03:19:49
Latest News:
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Latest News:
Yemen Recovers Two Antiquities from Germany
Yemeni Ambassador Discusses Ways to Strengthen Bilateral Relations with Syrian Official
Ministry of Agriculture, UNDP Discuss Procedures for National Fisheries Strategy
Chief of Staff of Taiz Axis Discusses Strengthening Cooperation with Deputy Head of ICRC
Parliament Speaker Discusses Bilateral Relations, Latest Developments with British Ambassador
Yemen central bank lifts interest rate on CDs to 27%
[19/09/2018 12:25]
ADEN-SABA
Yemen's Central Bank has lifted interest rate on certificates of deposit to 27 percent to set a limit to the continued depreciation of the national currency, the Riyal.
The dollar has climbed to more than 600 Riyals up from 215 Riyals during the ongoing war which was triggered by the Houthi militia's military coup in September 2014.
The bank also increased the interest rates on government bonds to 17 percent.
Yemen's Central Bank has lifted interest rate on certificates of deposit to 27 percent to set a limit to the continued depreciation of the national currency, the Riyal.
The dollar has climbed to more than 600 Riyals up from 215 Riyals during the ongoing war which was triggered by the Houthi militia's military coup in September 2014.
The bank also increased the interest rates on government bonds to 17 percent.
Key words:
SABA Yemen's - certificates - depreciation - government - continued - militia's - September - triggered - increased - military -
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