YEMEN Press Agency
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Economy

Yemeni riyal continues to decline against foreign currencies

SANAA, Nov. 19 (YPA) – The Yemeni riyal continued to fall against the foreign currencies in the local financial markets on Tuesday to reach 578 riyals per dollar, two weeks after the signing of Riyadh agreement between factions loyal to the…
Economy

Yemen needs 350,000 tons of wheat per month

SANAA, Nov. 16 (YPA) - Official reports confirmed that more than $700 million a year is imported in wheat, a figure that is higher than in the previous years. This significant rise comes on the backdrop of a decline in cereal production in…
Economy

Yemeni riyal drops again against foreign currencies

SANAA, Nov. 16 (YPA) – The Yemeni riyal resumed its decline on Saturday after a week of restoring part of its recovery against foreign exchange rates in the local financial markets to reach 574 riyals per dollar. This came after the arrival…
Economy

Gold prices stabilize in Yemeni goldsmith markets

SANAA, Nov. 14 (YPA) – Gold prices stabilized on Thursday in the Yemeni goldsmith markets after prices rose slightly. The latest update of gold prices in financial transactions in the markets of goldsmiths in the capital Sanaa according to…
Economy

Yemen bans coffee import

SANAA, Nov. 13 (YPA) – The Yemeni Ministry of Industry and Trade issued a resolution on Wednesday to ban coffee import. The decision comes within the government's efforts to encourage the domestic production of coffee in accordance to the…