YCB decides US dollar exchange rate at 506 (YR)

President of Presidential Leadership Council Congratulates President Putin on Victory Day

The President of the Presidential Leadership Council, Dr. Rashad al-Alimi, sent a congratulatory cable to Russian President Vladimir Putin on the occasion of Victory Day in Russia.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Oil rises as market awaits U.S.-China trade talks

Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.

Paris Saint-Germain Qualifies for Champions League Final with Victory over Arsenal

Paris Saint-Germain qualified for the Champions League final for the second time in its history, after repeating its 2-1 victory over Arsenal in the second leg of the semi-final.

Last Update: ، 2025/05/10 Time 07:44:00
Latest News:

Yemeni Ambassador Leads Arab Ambassadors' Meeting in Cuba

Presidential decree about appointing vice ministers in several ministries

Interior Minister, US Acting- Ambassador discuss security cooperation

PM receives letter from sectary general of GCC

Yemen Participates in Barcelona's Marine Expo

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 .