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2024/12/26
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11:21:29
Latest News:
Al-Aradah discusses humanitarian, developmental Updates with Kuwaiti Ambassador
FM meets UN Deputy Humanitarian Coordinator
Baggash praises regional, international efforts to make peace in Yemen
Ambassador Moussa meets Director of Arab Labor Organization
Minister of Social Affairs: Yemen is going through one of the worst humanitarian crises due to Houthi ..
Latest News:
Al-Aradah discusses humanitarian, developmental Updates with Kuwaiti Ambassador
FM meets UN Deputy Humanitarian Coordinator
Baggash praises regional, international efforts to make peace in Yemen
Ambassador Moussa meets Director of Arab Labor Organization
Minister of Social Affairs: Yemen is going through one of the worst humanitarian crises due to Houthi ..
Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal
[22/09/2020 03:38]
ADEN - SABA
Yemen’s Central Bank took a number of initial measures to control the dramatic depreciation of the national currency.
In a meeting in the bank’s headquarters in Aden today, the bank’s leadership adopted measures to regulate the import of fuel cargos, suspend the business permits for four money exchange businesses, suspend most local remittance networks as of Saturday 26th September until the creation of one network of exchangers that operates under the supervision of the bank.
The bank also decided to carry out regular inspection measures on money exchange businesses to control money speculation practices.
Key words:
SABA Yemen’s - depreciation - headquarters - supervision - speculation - remittance - inspection - leadership - exchangers - businesses -
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