Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal

Shura Council Chairman Arrives in Cairo to Participate in Conference for Arab Parliament

Chairman of the Shura Council Dr. Ahmed Obaid bin Daghr, accompanied by his deputy Dr. Abdullah Abu al-Ghaith, arrived in the Egyptian capital, Cairo, Thursday to participate in the proceedings of the eighth conference of the Arab Parliament and Speakers of Arab Councils and Parliaments, scheduled to be held next Saturday at the headquarters of the League of Arab States.

Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks

The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.

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.

Paris Saint-Germain Crowned UEFA Champions League Winners

French club Paris Saint-Germain claimed the UEFA Champions League title after defeating Arsenal 4-3 in a penalty shootout following a 1-1 draw in the final held at Puskás Aréna in the Hungarian capital, Budapest.

Last Update: ، 2026/06/26 Time 02:39:04
Latest News:

Al-Arada Receives European Union and Netherlands Ambassadors

Al-Arada Receives Defense Minister, Chairs Meeting of Ministry Leadership and Armed Forces Command

Central Bank Board Approves Measures to Strengthen Financial and Monetary Stability

Yemen and ESCWA Discuss Strengthening Cooperation on Development Policies

Water Minister, Partners Review Progress on Water and Sanitation Projects

Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal

[22/09/2020 03:38]

ADEN - SABA
Yemen’s Central Bank took a number of initial measures to control the dramatic depreciation of the national currency.

In a meeting in the bank’s headquarters in Aden today, the bank’s leadership adopted measures to regulate the import of fuel cargos, suspend the business permits for four money exchange businesses, suspend most local remittance networks as of Saturday 26th September until the creation of one network of exchangers that operates under the supervision of the bank.

The bank also decided to carry out regular inspection measures on money exchange businesses to control money speculation practices.