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

Presidential decree about appointing vice ministers in several ministries

A decree No (161) of 2025 issued today, Thursday, by the Chairman of the Presidential Leadership Council about appointing Vice Ministers in a number of the Ministries.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Oil rises as market awaits U.S.-China trade talks

Oil prices rose, today, Wednesday, remaining just above four-year lows, as investors focused on U.S.-China trade talks and signs of declining U.S. production.

Paris Saint-Germain Qualifies for Champions League Final with Victory over Arsenal

Paris Saint-Germain qualified for the Champions League final for the second time in its history, after repeating its 2-1 victory over Arsenal in the second leg of the semi-final.

Last Update: ، 2025/05/09 Time 04:08:37
Latest News:

Interior Minister, US Acting- Ambassador discuss security cooperation

PM receives letter from sectary general of GCC

Yemen Participates in Barcelona's Marine Expo

Amb. Mustafa, EU's official discuss aids programs for Yemen

President al-Alimi congratulates new German Chancellor

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.