President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates
His Excellency President Dr. Rashad al-Alimi, the Chairman of the Presidential Leadership Council, met Thursday with the Speaker of the Parliament Sheikh Sultan al-Barakani and members of the Parliament,s Presidency Mohammed al-Shaddadi and Mohsen Basurah to consult on national developments.
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).
Oil rises in early Asian trading
Oil prices rose up nearly a dollar in early Asian trading today, Thursday, after U.S. President Donald Trump announced a ban on the entry and exit of oil tankers to and from Venezuela.
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.
User Name: Password:
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.


Yemen Calls for Addressing Roots behind Migration, Strengthening International Support for Government
President al-Alimi Praises Parliament's Support Toward De-escalation Efforts in Eastern Governorates
Leadership Council Chairman Reaffirms Full Support for Hadramout Governorate Authorities
Taiz Governor Directs Formation Committee to Prepare Plan to Address Water Crisis
Ambassador Al-Maitami Participates in Diplomatic Visit to Jilin Province
Amb. al-Aowd seeks active Spanish cooperation in agriculture, fishery
President al-Alimi Receives Secretary-General of Gulf Cooperation Council
Major General Al-Zubaidi Emphasizes the Importance of Developing the Educational Process at Aden University
Foreign Minister meets with U.S. Ambassador
Foreign Minister praises China's support for Yemeni government

About Saba News Agency | Usage Agreement | Contact Us