Presidential Council Member Urges International Community to Support Stability Efforts
Member of the Presidential Leadership Council, Major General Sultan Al-Arada emphasized the need for a crucial role by the international community in supporting Yemen's stability and security during a virtual meeting with French Ambassador to Yemen, Catherine Corm-Kammoun.
Massive 7.0 Magnitude Earthquake Strikes Alaska, USA
A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).
Korean autos exports rise 13.7 percent in November
South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.
Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal
Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.
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.


Presidential Council Member Urges International Community to Support Stability Efforts
Arab League Secretary-General Welcomes Prisoner Swap Deal in Yemen
European Union Reaffirms Commitment to Yemen's Unity and Supports Presidential Leadership Council
Jordan Welcomes Prisoner Swap Agreement in Yemen
Foreign Ministry welcomes International Security Council statement about Yemen
President al-Alimi praises UN Security Council statement, affirms commitment to protect state legal status
President al-Alimi meets with Consultations and Reconciliation Commission headship
President al-Alimi sets out guidelines for Yemeni diplomatic missions discourse
Yemeni Ministries Reaffirm Constitutional Loyalty Amid STC Secessionist Declarations
Ministry of Youth and Sports Condemns Misrepresentation of Ministry and Reaffirms Commitment to Constitution

About Saba News Agency | Usage Agreement | Contact Us