Central bank launches measures to stabilize Riyal exchange rate

Lt. Gen.al-Subaihi Reviews Field, Military Conditions in Taiz, Stresses High Readiness

Member of the Presidential Leadership Council, Lieutenant General Mahmoud al-Subaihi reviewed Wednesday the field and military situation and the conditions of personnel stationed on the front lines in the battlefronts of Jabal Habashi and al-Kadha in Taiz Governorate.

Second Day of International Media Forum on Islamic Civilization Kicks Off in Tashkent

The second day of the International Media Forum “Islamic Civilization: A New Perspective – New Discoveries” commenced today, Wednesday, at the Center for Islamic Civilization in the Uzbek capital, Tashkent.

German Exports Rise 3.9 Percent

The total of German exports increased by 3.9 percent during the first half of 2026 compared to the same period last year, reaching 817.8 billion euros.

Al Nassr Beat Al Fateh 3-0 in Saudi Football League

Al Nassr defeated Al Fateh 3-0 in the opening round of the Saudi Pro League, known as the Roshn Saudi League.

Last Update: ، 2026/09/10 Time 01:10:23
Latest News:

Germany Reaffirms Support for Yemen’s Government, Strongly Condemns Houthi Militia Attacks

France Condemns Houthi Attacks on Civilian Infrastructure in Yemen and Saudi Arabia

US Embassy Says Houthis Have Brought Yemen Nothing but Suffering

Planning Minister Discusses Strengthening Development, Humanitarian Coordination with UN Official

Deputy Planning Minister Discusses With WFP Relief Efforts

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.