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Latest News:
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Latest News:
Yemen: Republican Decree Appoints Ambassador to Saudi Arabia
Yemen Reaffirms Saudi Arabia's Right to Protect Its Security and Vital Infrastructure
Shura Council Chairman Discusses Developments in Yemen with UN Special Envoy
Human Rights Minister Discusses Strengthening Cooperation with IOM to Combat Human Trafficking
Central Bank Board Reviews Monetary Stability Programs
Central bank withdraws $59 mln from Saudi deposit to finance basic imports
[24/01/2019 12:44]
ADEN-SABA
Yemen's Central Bank confirmed on Thursday it had received an approval to withdraw $22 million and $37 million two new installments from the Saudi deposit to cover the import of basic commodities into Yemen.
In a press release the bank said the processed amounts will cover the import bills for wheat, rice and sugar presented by a number of private banks.
The withdrawal transaction transaction takes no more than 15 days until the cash is transferred to the applicant banks, the press release said.
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