CBY finishes procedures to approve commodity imports totaling $61 million

Ministry of Legal Affairs and Human Rights condemns issuance of a fabricated statement attributed to it

The Ministry of Legal Affairs and Human Rights expressed its condemnation of the issuance of a forged and fabricated statement attributed to it dated December 29, 2025, for misleading purposes, which contains allegations of no human rights violations in the governorates of Hadramout and al-Mahra.

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).

China's ETF market hits record $855.6

The combined scale of China's exchange-traded funds (ETFs) has hit a record 6.02 trillion yuan ($855.6 billion), up more than 2.2 trillion yuan from the end of last year, Shanghai Securities News reported Saturday, citing data from Choice, a financial information provider.

Arsenal defeats Brighton and strengthens its lead in the English Premier League

Arsenal defeated Brighton 2-1 in their match at the Emirates Stadium as part of the 18th round of the English Premier League.

Last Update: ، 2025/12/30 Time 01:47:42
Latest News:

EU, UNFPA Provide Health, Protection Services to More Than 850,000 Women, Girls in Yemen

Supreme Judicial Council Lifts Immunity from Judge، Refers Others to Accountability Council

Arab Parliamentary Union Urges End to Yemen Suffering

China Urges Respect for Yemen's Sovereignty and Territorial Integrity

Al-Arada inaugurates several projects

CBY finishes procedures to approve commodity imports totaling $61 million

[24/10/2018 03:39]

ADEN-SABA
Central Bank of Yemen (CBY) has accomplished necessary measures to cover credits for commodity imports through withdrawing from the Saudi deposit, fifth payments with total amount $61 million.

Approvals are also issued for the belated credits of the previous payment with total sum $66 million.a

Governor of CBY Dr Mohammed Zimam told the Yemeni News Agency (Saba) that drawing mechanisms have become simplified take less than seven days to be finished and cover all credits submitted from all provinces including the Hudramout traders' credits which all have been approved to import rice commodity, other credits will issued on Sunday.

Zimam stated that all credits will be carried out on Sunday so that merchants are notified to supply their money in the Yemen Rial (YR) to the CYB starting from tomorrow Thursday until Sunday.

Foreign exchange rate against US dollar is $1 for 585 (YR) until Monday October 29. This price for importing basic commodities.