Yemen’s central bank takes measures to stop dramatic depreciation of the Riyal

Prime Minister Discusses Impact of Houthi Escalation on Regional Security and International Navigation with British Minister

Prime Minister Dr. Shaya Zindani held discussions Tuesday with British Minister of State for the Middle East and North Africa Stephen Doughty on the rapidly evolving developments in Yemen and the region, the military escalation by the Houthi militia, and its repercussions for regional security and international navigation.

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.

Gold Rises Over 1 Percent

Gold prices rose more than one percent today, Thursday, as investors digested the U.S. interest rate hike and hints of further monetary tightening, while the rally in oil prices came to a halt.

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: ، 2026/09/22 Time 08:46:15
Latest News:

Yemen, Bahrain Discuss Regional Security

Interior Minister, EU Ambassador Discuss Strengthening Security Cooperation

Minister of Agriculture Discusses Animal Health Project with Pandemics Fund

G7: Developments in Yemen, Red Sea Constitute Threat to Regional Stability, Security, Freedom of Navigation

President al-Alimi Receives Reply Message from Emir of Kuwait

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.