YEMEN Press Agency
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Economy

Yemeni riyal continues recovering against foreign currencies

SANAA, Oct. 17 (YPA) - Yemeni riyal continued recovering weeks after a significant drop against foreign exchange rates in local financial markets to stop at 609 riyals per dollar on Thursday. Banking sources attributed the riyal's decline…

Parliament discusses report of Trade, Industry Committee

SANAA, Oct. 15 (YPA) – Speaker of the Parliament Yahya al-Ra'ei held a session on Tuesday to discuss a report of Trade and Industry's committee. The members of the parliament stressed importance of encouraging investors for investment to…

Yemeni riyal struggles against foreign currencies

SANAA, Oct. 15 (YPA) – The Yemeni riyal has continued to slide against foreign currencies over this month, according to banking sources on Tuesday. The sources said that a dollar now worth 609 riyals on official markets due to the war and…

Gold prices decline slightly in Yemeni markets

SANAA, Oct. 13 (YPA) - Gold prices on Sunday witnessed a slight decline after a week of stability in the Yemeni goldsmith markets. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa…

Explosion in Iranian tanker off Jeddah raises oil prices

GULF, Oct. 11 (YPA) - Oil prices rose on Friday, affected by an explosion in an Iranian oil tanker in the Red Sea off the coast of Jeddah. Brent futures rose 2.11 percent to $ 60.29 a barrel, according to Bloomberg website data. US West…