Yemen central bank amends Riyal exchange rate against other currencies

Foreign Minister Discusses with Her Somali Counterpart Cooperation in Maritime Security

Minister of Foreign Affairs and Expatriates Dr. Afrah al-Zoubi and the Somali Minister of Foreign Affairs and International Cooperation Abdulsalam Abdi discussed today, Sunday, on phone the bilateral relations and cooperation between the two countries.

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: ، 2026/09/14 Time 01:25:09
Latest News:

MASAM Removes 2166 of Houthi-Laid Landmines, UXO In 11 Days

Foreign Minister Calls ON UNHCHR To Move Quickly To Protect Civilians, Document Houthi Violations

Council of Ministers Takes Practical Measures To Respond to Houthi Escalation Implications

Yemeni Rights Network Documents 958 Houthi Violations in Nine Days

Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security

Yemen central bank amends Riyal exchange rate against other currencies

[05/11/2018 12:52]

ADEN -SABA
Yemen's central bank announced on Sunday the amendment of the exchange rate of the Yemeni Riyal (YR) to YR 570 against the dollar and proportionally against other hard currencies to cover the import ofbasic commodities and the cash needs of Yemeni patients seeking to travel abroad for treatment.

In a press release received by Saba,the bank is making use of the Saudi financial deposit and latest ($200 mln) financial grantto make this amendment, after months of devaluation that plunged the YR to more than 700 against the US dollar.

The exchange rate amendments announced will take effect from November 5.

The bank said it is following a flexible policy in currency rates to be close to the real prices of the market by 10 to 15 points.

The bank called on all commercial and Islamic banks operating in the country to ensure the supply of basic commodities for all regions of Yemen. The Bank will provide all facilities for such imports, given their humanitarian urgency.