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Last Update: ،
2026/10/15
Time
01:09:26
Latest News:
Yemeni Rights Network Documents 219 Houthi Violations in Taiz in 48 Hours
European Union Calls on Houthi Militias to Lift Siege on Taiz, Allow Food Supplies to Enter the City
Government Calls for Urgent UN Action to Lift Siege on Taiz
Prime Minister Praises Taiz Residents’ Heroic Resilience, Says Houthi Crimes Will Not Be Forgotten
Yemen, IOM Discuss Houthi Escalation, Displacement Crisis
Latest News:
Yemeni Rights Network Documents 219 Houthi Violations in Taiz in 48 Hours
European Union Calls on Houthi Militias to Lift Siege on Taiz, Allow Food Supplies to Enter the City
Government Calls for Urgent UN Action to Lift Siege on Taiz
Prime Minister Praises Taiz Residents’ Heroic Resilience, Says Houthi Crimes Will Not Be Forgotten
Yemen, IOM Discuss Houthi Escalation, Displacement Crisis
CBY finishes procedures to approve commodity imports totaling $61 million
[24/10/2018 03:39]
ADEN-SABA
Central Bank of Yemen (CBY) has accomplished necessary measures to cover credits for commodity imports through withdrawing from the Saudi deposit, fifth payments with total amount $61 million.
Approvals are also issued for the belated credits of the previous payment with total sum $66 million.a
Governor of CBY Dr Mohammed Zimam told the Yemeni News Agency (Saba) that drawing mechanisms have become simplified take less than seven days to be finished and cover all credits submitted from all provinces including the Hudramout traders' credits which all have been approved to import rice commodity, other credits will issued on Sunday.
Zimam stated that all credits will be carried out on Sunday so that merchants are notified to supply their money in the Yemen Rial (YR) to the CYB starting from tomorrow Thursday until Sunday.
Foreign exchange rate against US dollar is $1 for 585 (YR) until Monday October 29. This price for importing basic commodities.
Key words:
SABA Central - a Governor - Approvals - accomplished - commodities - withdrawing - Foreign - simplified - mechanisms - necessary -
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