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Last Update: ،
2025/12/14
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06:58:33
Latest News:
Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable
Leadership Council Member Maj. General al-Zubaidi inspects work at Ministries of Information, Agriculture
Minister of Foreign Affairs meets French Ambassador to Yemen
China reiterates its steadfast support for Yemen's unity, sovereignty, territorial integrity
Leadership Council Chairman Follows Up on Situation in Hadramout and Al-Mahra
Latest News:
Guterres: What Hadhramaut is witnessing is a dangerous development, Houthis' arrest of UN employees unacceptable
Leadership Council Member Maj. General al-Zubaidi inspects work at Ministries of Information, Agriculture
Minister of Foreign Affairs meets French Ambassador to Yemen
China reiterates its steadfast support for Yemen's unity, sovereignty, territorial integrity
Leadership Council Chairman Follows Up on Situation in Hadramout and Al-Mahra
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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