Central Bank of Yemen announces receiving approval to withdraw the 17th payment of Saudi deposit

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with Houthis

Minister of Information, Culture, and Tourism, Muammer al-Eryani, strongly condemned the Houthi militia's continued abduction of General Secretary of the Sana'a General People's Congress, Ghazi al-Ahwal, and several associates.

BULGARIA: UN Tourism Global Conference on Wine Tourism

Excellent wine practices and global trends in wine tourism will be among the topics on the second day of the 9th UN Tourism Global Conference on Wine Tourism in Plovdiv.

Gold surpasses $3,900 per ounce for first time

The price of gold jumped over the $3,900 per ounce mark for the first time today, Monday, driven by increased demand for safe-haven assets amid a U.S. government shutdown.

Paris Saint-Germain beat Barcelona 2-1 in the Champions League

Paris Saint-Germain beat Barcelona 2-1 in the second round of the Champions League for the league stage.

Last Update: ، 2025/10/09 Time 04:49:57
Latest News:

Eryani: Abduction of Political Leader a Stark Warning to Those Who Still Believe in Coexistence with ..

Vice Foreign Minister Discusses Enhanced Partnership and Migration Issues with UN High Commissioner

Al-Hadrami presents his credentials to Czech President as Ambassador to Yemen

Yemen Participates in Expert Group Meeting on Strengthening Civil Registration in Cairo

Interior Minister Discusses Enhanced Security Cooperation with US Ambassador

Central Bank of Yemen announces receiving approval to withdraw the 17th payment of Saudi deposit

[24/02/2019 04:03]

ADEN-SABA
Media Center of Central Bank of Yemen (CBY) announced that the CBY has received the permission to withdraw the 17th payment from the Saudi deposit assigned to subsidize basic food stuffs.

The 17th payment amount is $59.5 million to cover the letters of credits submitted by local commercial banks around the country.

The CBY Media Center said in statement the Yemeni News Agency (Saba) received a copy of that the " Saudi deposit worth $2 billion allocated to cover the letters of credits submitted by traders to import basic food commodity( wheat, rice, sugar, children milk and oil cooking).

The CBY Media Center added " Exchange rate for letters of credits is 440 Yemeni Rial ( YR) for $1".