Vice Foreign Minister discusses with Gulf permanent delegates enhancing cooperation on refugee issues
Vice Foreign Minister Mustafa Noman discussed separately with the permanent delegates of the Kingdom of Saudi Arabia, the United Arab Emirates, the Sultanate of Oman and the Kingdom of Bahrain to the United Nations in Geneva ways to enhance bilateral cooperation and coordination on humanitarian issues, human rights and refugees.
BULGARIA: UN Tourism Global Conference on Wine Tourism
Excellent wine practices and global trends in wine tourism will be among the topics on the second day of the 9th UN Tourism Global Conference on Wine Tourism in Plovdiv.
Gold surpasses $3,900 per ounce for first time
The price of gold jumped over the $3,900 per ounce mark for the first time today, Monday, driven by increased demand for safe-haven assets amid a U.S. government shutdown.
Paris Saint-Germain beat Barcelona 2-1 in the Champions League
Paris Saint-Germain beat Barcelona 2-1 in the second round of the Champions League for the league stage.
User Name: Password:
Bin-Dagher explores measures to maintain Rial's value
[19/10/2017 08:57]

ADEN-SABA
The Prime Minister Dr Ahmed Obaed Bin-Dagher met Thursday with the chairman of the board of directors of the Yemeni National Bank Dr Mohamed Hulboob.

The meeting devoted to discuss necessary measures need to be taken to maintain the rate of Yemeni Rials value against foreign currencies in the market.

Bin-Dagher made clear that the government has taken a number of measures that can ensure maintaining the value of national currency. To this end, the government has opted for purchasing fuels by hard currency from its own resources and it will keep on to do so, he stated.

He blamed the putschist militias for the deterioration of national currency. Squandering foreign reserves estimated at $5.2 billion and refusing to pay revenues they collect to the Central Bank resulted in the economic disaster the country has been enduring, Bin-Dagher noted.

For his part, Dr Hulboob argued that current rise in the rate of foreign currencies against the Yemeni Rials caused by seasonal reasons. More important is that the putschists' authority has acted irresponsibly issuing blank checks that resulted in widening the gap between the value of Yemeni Rial exchange rate in cash and its rate exchange in checks.

The Central Bank is going to hold a meeting next Sunday will bring together representatives of all banks and the association of the companies which run the exchange business. The meeting is intended to explore possible measures that can help maintaining the value of the Rial


Al-Arada, Turkish Ambassador discuss bilateral relations
Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner
PM discusses with IMF mission results of Article IV consultations
Yemen participates in the 28th Arab Conference on Combating Terrorism, Organized Crime
Government Holds Consultations with IMF in Amman
Indian Embassy Team Begins Operations in Aden Representative Office
Minister al-Zaouri, UNFPA discuss joint collaboration
Yemen confirms its commitment to protect refugees
Al-Ahmadi discusses with Bahraini Undersecretary of Foreign Affairs resumption of Yemenia Airlines flights
KSrelief arm "Masam" Removes Over 1,300 Houthi Landmines in Yemen in One Week

About Saba News Agency | Usage Agreement | Contact Us