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Last Update: ،
2025/12/31
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11:29:57
Latest News:
Taiz Military and Security Committee Supports President's Emergency Declaration
OIC reiterates its support for Yemen sovereignty, unity, territorial integrity
Ministry of Foreign Affairs Welcomes Statements Supporting Yemen's Unity, Sovereignty
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President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against ..
Latest News:
Taiz Military and Security Committee Supports President's Emergency Declaration
OIC reiterates its support for Yemen sovereignty, unity, territorial integrity
Ministry of Foreign Affairs Welcomes Statements Supporting Yemen's Unity, Sovereignty
Foreign Minister confers with U.S. Ambassador over bilateral relations
President al-Alimi Affirms Strict Commitment to Enforcing Sovereign Decisions, Warns of Rebellion against ..
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.
Key words:
SABA Yemen’s - depreciation - headquarters - supervision - speculation - remittance - inspection - leadership - exchangers - businesses -
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