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Last Update: ،
2026/11/14
Time
03:16:32
Latest News:
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Latest News:
Yemen’s Water Minister Discusses Strengthening Partnerships with UNOPS, IOM
Houthi Sniper Wounds Woman in Southeast Taiz
Yemen Condemns Israeli Bombing of Nasser Medical Complex in Gaza
Yemen Expresses Solidarity with Türkiye Over Military Helicopter Crash
GCC Chief Welcomes UN Security Council Resolution Calling on Houthis to End Escalation
Yemen central bank lifts interest rate on CDs to 27%
[19/09/2018 12:25]
ADEN-SABA
Yemen's Central Bank has lifted interest rate on certificates of deposit to 27 percent to set a limit to the continued depreciation of the national currency, the Riyal.
The dollar has climbed to more than 600 Riyals up from 215 Riyals during the ongoing war which was triggered by the Houthi militia's military coup in September 2014.
The bank also increased the interest rates on government bonds to 17 percent.
Yemen's Central Bank has lifted interest rate on certificates of deposit to 27 percent to set a limit to the continued depreciation of the national currency, the Riyal.
The dollar has climbed to more than 600 Riyals up from 215 Riyals during the ongoing war which was triggered by the Houthi militia's military coup in September 2014.
The bank also increased the interest rates on government bonds to 17 percent.
Key words:
SABA Yemen's - certificates - depreciation - government - continued - militia's - September - triggered - increased - military -
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