YCB decides US dollar exchange rate at 506 (YR)

Electricity Minister, Libyan Ambassador Discuss Energy Cooperation

Minister of Electricity and Energy Eng. Adnan Al-Kaf discussed on Wednesday in the interim capital Aden with Libyan Ambassador to Yemen Idris Abu Bakr prospects for enhancing bilateral cooperation in the electricity and energy sector.

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 price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/07 Time 03:29:57
Latest News:

SABA Office and Midad Hadramout Center Sign Cooperation Agreement

PM Receives Dutch Ambassador in Aden

President al-Alimi: To Bet on Moderate Behavior of Iranian Regime, Its Militias Will Lead to Further ..

Kuwaiti-funded project to furnish 12 Community Colleges in 8 Yemeni governorate

Yemen Joins 10th Session of Indian Ocean Rim Association Dialogue

YCB decides US dollar exchange rate at 506 (YR)

[14/07/2019 12:31]

ADEN-SABA
Central Bank of Yemen (CBY) in the temporary capital Aden has approved on Sunday to provide foreign currency cash for importing basic commodities at exchange rate 506 Yemen Rial (YR) for 1$.

A statement issued by the CBY seen by the Yemeni News Agency (Saba) reads" This measure has been taken to ensure basic commodity supplies in the Yemeni markets at accessible prices".

The statement added" The measure was adopt due to the continuous speculation over currency by Iran-aligned Houthi militia, black-market speculators and the Houthi militia's committees charged destroying the economy who destabilized the currency, created concerns and anxiety in the market".

The CBY and Economic Committee held Houthi militia accountable for currency slide down , increasing prices and black market booming .