Transport Minister Reviews Procedures for Approval of Qana Port Project in Shabwa
A meeting held on Sunday here snd chaired by Minister of Transport Mohsen al-Amri reviewed the procedures required for the approval of the Qana Port project in Shabwa Governorate.
Bahrain Says Air Defenses Intercepted and Destroyed Several “Treacherous” Iranian Air Attacks
The General Command of the Bahrain Defence Force announced on Thursday that Iran continues what it described as a systematic hostile approach through missile and drone attacks targeting civilians in the Kingdom of Bahrain.
Oil price tops $100 a barrel
Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.
France Advance to World Cup Quarterfinals, Set Up Morocco Clash
France secured a place in the quarterfinals of the 2026 FIFA World Cup after edging Paraguay 1-0 in their Round of 16 encounter.
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.


Health Minister Orders Tougher Oversight of Public and Private Health Facilities
Rights Group Documents 752 Enforced Disappearance Cases in Houthi Detention Facilities
Yemen Reaffirms Rejection of Terrorism Following Deadly Damascus Bombing
Planning Minister Discusses Enhanced Coordination with International Aid Orgs
Yemen, Indonesia Seek to Expand Higher Education and Research Cooperation
UN-Funded Water Desalination Plant Opens at Shabwah General Hospital
Prime Minister Reaffirms Government Commitment to Strengthening Human Rights Protections
Health Minister and WHO Discuss Implementation of Pandemic Fund Projects in Yemen
World Bank Approves $101.8 Million Project to Support Nutrition and Livelihoods in Yemen, Says Planning Minister
Leadership Council Chairman Calls for Stronger European Action to Back Recovery Efforts

About Saba News Agency | Usage Agreement | Contact Us