YCB decides US dollar exchange rate at 506 (YR)

Yemen Participates in 2025 Global Refugee Forum Review Meeting in Geneva

Yemen's Permanent Representative to the UN in Geneva, Ambassador Dr. Ali Mujawar, led a delegation to the Global Refugee Forum 2025 review meeting in Geneva, Switzerland, today.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

African Development Bank supports transport infrastructure in Somalia with $76 million

The African Development Bank has approved additional funding of $76.37 million for the road infrastructure program in Somalia, which is a key component of the Horn of Africa Corridor project connecting Somalia, Djibouti, and Ethiopia.

CAF Unveils Official Mascot for 2025 Africa Cup of Nations in Morocco

The Confederation of African Football (CAF) and the Local Organizing Committee unveiled the official mascot for the 2025 Africa Cup of Nations in Morocco, named "Asad" (Lion), embodying a symbol of African pride and passion for football.

Last Update: ، 2025/12/15 Time 08:25:10
Latest News:

Foreign Minister Meets Outgoing Moroccan Charge d'Affaires

Hodeidah Governor Discusses Healthcare Support with Médecins Sans Frontières (MSF)

Rights Group Documents Over 4,000 Violations in Hadramout, Calls Them "War Crimes"

Hodeidah Governor Discusses Support for Health Sector with Médecins Sans Frontières

Yemen, UK discuss Issues of Common Concern

YCB decides US dollar exchange rate at 506 (YR)

[14/07/2019 12:31]

ADEN-SABA
Central Bank of Yemen (CBY) in the temporary capital Aden has approved on Sunday to provide foreign currency cash for importing basic commodities at exchange rate 506 Yemen Rial (YR) for 1$.

A statement issued by the CBY seen by the Yemeni News Agency (Saba) reads" This measure has been taken to ensure basic commodity supplies in the Yemeni markets at accessible prices".

The statement added" The measure was adopt due to the continuous speculation over currency by Iran-aligned Houthi militia, black-market speculators and the Houthi militia's committees charged destroying the economy who destabilized the currency, created concerns and anxiety in the market".

The CBY and Economic Committee held Houthi militia accountable for currency slide down , increasing prices and black market booming .