CBY announces providing private banks of foreign currency

Leadership Council Avows To Take All Measures To Prevent Violations of Yemeni sovereignty

The Presidential Leadership Council (PLC)held an extraordinary meeting chaired by His Excellency President Dr. Rashad al-Alimi, the Chairman of the Council, with the presence of all its members Sultan al-Aradah, Tariq Saleh, Abdulrahman al-Mahrami, Dr. Abdullah al-Alimi, Othman Majli, Mahmoud al-Subaihi and Salem Al-Khanbashi to discuss national and regional developments and the proposed policies to address them at all levels. The Prime Minister Dr. Shaya Zindani was in attendance.

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.

France Advance to World Cup Quarterfinals, Set Up Morocco Clash

France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.

Last Update: ، 2026/07/11 Time 11:34:48
Latest News:

Al-Alimi Discusses With Senior British Official Bilateral Cooperation

Leadership Council Avows To Take All Measures To Prevent Violations of Yemeni sovereignty

Minister of State Discusses Aden's Development, Service Needs with UNOPS

Al-Sharjabi Discusses Water and Sanitation Resilience Project in Taiz with Solidarités International

Prime Minister Receives Director of International Child Care Organization

CBY announces providing private banks of foreign currency

[22/04/2019 08:40]

ADEN-SABA
The Central Bank of Yemen (CBY) has announced readiness to provide private and Islamic banks with foreign currency with a price of YR 506 for one USD or less.

"The Central Bank's foreign banking operation sector announces to all commercial and Islamic banks the bank is ready to sell them their need of foreign currency with the price of 506 YR for one USD or less … for covering credits and importing transfers to their clients and to all goods except basic goods financed by Saudi financial deposit and oil derivatives which has special prices," said the bank in a release on Monday.

The release confirmed that the central bank seeks to create stability in goods prices and services.

The bank called all merchants, businessmen and companies to deposit their funds to banks for making use of facilitations provided by the central bank and for protecting their trade and funds from currency speculation.