Masam Destroys 4,620 ammunition, war remnants in Abyan
Masam project for demining in Yemen has destroyed 4,620 pieces of ammunition and war remnants in Abyan Governorate, planted by the Houthi terrorist militias supported by the Iranian regime.
Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression
The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.
U.S. President plans to increase tariffs on steel, aluminum imports
U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.
Portugal Wins UEFA Nations League Title
Portugal claimed its second UEFA Nations League title after defeating Spain 5-3 in a penalty shootout, following a 2-2 draw after extra time. The match, held in Munich, Germany, saw both teams create scoring opportunities, but it was Portugal's precision in the penalty shootout that ultimately secured the victory.
User Name: Password:
Yemen central bank amends Riyal exchange rate against other currencies
[05/11/2018 12:52]

ADEN -SABA
Yemen's central bank announced on Sunday the amendment of the exchange rate of the Yemeni Riyal (YR) to YR 570 against the dollar and proportionally against other hard currencies to cover the import ofbasic commodities and the cash needs of Yemeni patients seeking to travel abroad for treatment.

In a press release received by Saba,the bank is making use of the Saudi financial deposit and latest ($200 mln) financial grantto make this amendment, after months of devaluation that plunged the YR to more than 700 against the US dollar.

The exchange rate amendments announced will take effect from November 5.

The bank said it is following a flexible policy in currency rates to be close to the real prices of the market by 10 to 15 points.

The bank called on all commercial and Islamic banks operating in the country to ensure the supply of basic commodities for all regions of Yemen. The Bank will provide all facilities for such imports, given their humanitarian urgency.


Houthi militias detain civilians, assault women Mawiya district east Taiz
Cabinet Discusses Economic Challenges and Service Issues
Leadership Council Chairman Holds Security Meeting with Top Officials
Leader al-Zubaidi Discusses Current Situation and Peace Efforts with EU Envoy
Deputy Foreign Minister Baggash Discusses Bilateral Relations with Ukrainian Ambassador
Leadership Council Chairman Meets with Advisory and Reconciliation Body
Yemeni and Syrian Foreign Ministers Discuss Bilateral Relations
Prime Minister Directs Government Agencies to Launch Field Survey for Social Support Program
Local Admin Minister Discusses Experience Exchange Program with Egypt
President al-Alimi Meets with Crisis Management Committee

About Saba News Agency | Usage Agreement | Contact Us