YCB decides US dollar exchange rate at 506 (YR)

Republican Decree Appointing Governor for Hadhramout issued

The Republican Decree No. (45) of 2025 was issued Thursday in accordance with the Constitution, the law, and the references of the transitional phase, and after the approval of the Presidential Leadership Council.

Bulgaria's Kozloduy Nuclear Plant Partners with 4 Universities to Train Future Staff

Kozloduy Nuclear Power Plant (NPP) - New Builds EAD signed framework agreements with four Bulgarian universities to collaborate on staffing future projects, attended by Energy Minister Zhecho Stankov and Education Minister Krasimir Valchev.

Gold stabilizes near its highest in two weeks

Gold prices stabilized significantly today, Thursday, after reaching their highest level in nearly two weeks in the previous session, as market participants assessed the possibility of a U.S. interest rate cut in December.

Croatia Qualifies for 2026 World Cup with Thrilling Win Over Faroe Islands

Croatia secured a spot in the 2026 World Cup in the United States, Mexico, and Canada after defeating the Faroe Islands 3-1.

Last Update: ، 2025/11/28 Time 11:26:19
Latest News:

Prime Minister Praises GCC support to Government

PM: We're looking forward to Russian partnership in energy businesses

Vice Minister of Water Discusses with Secretary-General of PERSGA Protect Environment of Red Sea, Gulf ..

Leadership Council Chairman Meets Gulf Cooperation Council Ambassador

Agriculture Minister Honors 26 Rural Women on World Food Day and Rural Women's Day

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 .