Economy

SANAA, Dec. 25 (YPA) – The Central Bank of Yemen in the capital Sanaa on Wednesday accused Saudi-backed Hadi's government of destroying the Yemeni economy through printing a trillion and 700 billion riyals within two years. "The amount of…

SANAA, Dec. 25 (YPA) - The Yemeni riyal exchange rate on Wednesday continued to decline against foreign currencies reaching at 608 riyals per dollar in the local financial markets. The riyal devaluation came as a result of the ongoing…

SANAA, Dec. 22 (YPA) – The National Salvation Government affirmed in its meeting on Sunday chaired by Abdulaziz bin Habtour, its support for measures taken by the Central Bank to withdraw illegal currency from markets and reduce the impacts…

SANAA, Dec. 21 (YPA) - The gold sale prices recorded on Saturday a relative stability in the Yemeni goldsmith markets, after two days of increase. The latest update of gold prices in financial transactions in the markets of goldsmiths in…

SANAA, Dec.19 (YPA) - The Yemeni riyal on Thursday recovered partly to reach 606 riyals per dollar after falling against foreign currencies in the local financial markets during last days. The riyal devaluation came as a result of the…

SANAA, Dec. 19 (YPA) - Ministry of Industry and Trade on Thursday stressed that the local authorities should respond to and interact with citizens ’complaints related to price violations and others. "The Ministry's operations room receives…

SANAA, Dec. 18 (YPA) – The Central Bank of Yemen in Sanaa on Wednesday gave a 30-day deadline starting from December 19, 2019 to the citizens who posses illegal currency to change it with the national currency. This came in a statement…

SANAA, Dec.18 (YPA) - The Yemeni riyal on Wednesday continued to fall against foreign currencies in the local financial markets to reach 607 riyals per dollar. The Yemeni riyal devaluation came as a result of the ongoing conflict between…