Yemen Calls for Firm International Action Against Houthis
Foreign Minister Dr. Afrah al-Zouba has called for a firm international stance against the Houthi terrorist militias and concrete measures to implement relevant UN Security Council resolutions, particularly Resolution 2216.
Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent
The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.
Brent Crude Futures Rise 12 Cents
Oil prices remained mostly unchanged in early Asian trading on Thursday following gains from the previous session and a sharp monthly increase.
Al Nassr Beat Al Fateh 3-0 in Saudi Football League
Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.
User Name: Password:
Central bank launches measures to stabilize Riyal exchange rate
[10/09/2020 03:28]

ADEN - SABA
The Central Bank of Yemen has launched a set of measures to “remedy the irregularities in the foreign currency market which will lead to stabilizing the exchange rate of the national currency,” the bank said in a statement on Thursday.

The bank said the measures include the determination and enforcement of “mechanisms to regulate the demand on foreign currencies in the market, including the demand that has to do with covering the cost of fuel imports.”

Under the new mechanism, importers of fuel will deposit their daily sales cash in Yemeni Riyal to the commercial banks, while the central bank affords foreign cash for them.


Yemen Calls for Firm International Action Against Houthis
Coalition Says Cruise Missile Intercepted Near King Khalid International Airport
Yemen Religious Scholars Condemn Houthi Attack on King Khalid International Airport in Riyadh
Rights Group: Houthi Siege of Taiz Worsens Suffering of 2.5 Million People
Council of Ministers Praises Armed Forces Heroic Fighting for Restoring State Institutions
Government: "Yemen Dawn Operation" New Phase in Struggle for Restoring State Institutions, Eliminating Houthi Coup
Report: Houthi Militias Blamed for Demolishing 1,774 Homes, Civilian Buildings
Amb. al-Eryani Updates German Lawmaker on Developments in Yemen
Yemen's Ambassador Confers with Malaysian Official over Joint Cooperation
Human Rights Ministry Welcomes Adoption of Technical Assistance Resolution for Yemen

About Saba News Agency | Usage Agreement | Contact Us