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Last Update: ،
2025/11/03
Time
09:41:43
Latest News:
Information Minister Accuses Houthi Militia of Covering Up Doctor's Murder
Health Minister Opens Workshop to Update National Plan for Combating Pandemic Influenza
Prime Minister arrives in Doha to join Second Global Summit on Social Development
Foreign Minister discusses with Bahraini counterpart issues of common interest
FM meets with Secretary-General of GCC
Latest News:
Information Minister Accuses Houthi Militia of Covering Up Doctor's Murder
Health Minister Opens Workshop to Update National Plan for Combating Pandemic Influenza
Prime Minister arrives in Doha to join Second Global Summit on Social Development
Foreign Minister discusses with Bahraini counterpart issues of common interest
FM meets with Secretary-General of GCC
Central bank launches measures to stabilize Riyal exchange rate
[10/09/2020 03:28]
ADEN - SABA
The Central Bank of Yemen has launched a set of measures to “remedy the irregularities in the foreign currency market which will lead to stabilizing the exchange rate of the national currency,” the bank said in a statement on Thursday.
The bank said the measures include the determination and enforcement of “mechanisms to regulate the demand on foreign currencies in the market, including the demand that has to do with covering the cost of fuel imports.”
Under the new mechanism, importers of fuel will deposit their daily sales cash in Yemeni Riyal to the commercial banks, while the central bank affords foreign cash for them.
Key words:
irregularities - determination - “mechanisms - enforcement - stabilizing - currencies - commercial - Under - SABA The - statement -
Leadership Council Member Tareq Saleh flies from Mokha International Airport to join Climate Summit
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Prime Minister arrives in Doha to join Second Global Summit on Social Development
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Foreign Minister meets Canadian ambassador to Yemen
Foreign Minister reviews historical relations with British Foreign Secretary
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Foreign Minister meets Canadian ambassador to Yemen
Foreign Minister confers with UN Envoy over developments in Yemen
