Economy

SANAA, June 03 (YPA) - The gold price stabilized in global stock markets on Monday at the level of $2,325.71 per ounce, with a slight decrease of 0.05%. Gold futures prices also stabilized at the same closing level of the previous session…

SANAA, June 02 (YPA) - An economic expert said on Sunday that the ill-considered decisions of the Central Bank of Aden, which is controlled by the Saudi-led coalition, pushed the currency exchange rate towards collapse in the southern…

SANAA, June 02 (YPA) - The exchange rate of the US dollar in the banks of the city of Aden and the southern and eastern Yemeni provinces exceeded on Sunday the barrier of 1,770 riyals. Banking sources reported that the dollar price hit…

SANAA, June 01 (YPA) - The exchange rate of the US dollar in the banks of the city of Aden and the southern and eastern Yemeni provinces recorded on Saturday 1,770 riyals, while the Saudi riyal approached the barrier of 465 riyals, banking…

SANAA, June 01 (YPA) - Informed economic sources revealed on Saturday the measures taken regarding financial transfers of Yemeni expatriates, as well as internal transfers, in conjunction with the war waged by the Saudi-led coalition…

SANAA, May 31 (YPA) - An official source in the Yemen Banks Association has expressed the association's denunciation of the decisions issued by the Central Bank in Aden Thursday to cancel dealing in printed banknotes before 2016 and to stop…

ADEN, May 30 (YPA) – The Central Bank of Aden, which is under the control of the Saudi-led coalition, has taken disastrous measures to end trading in the “secured” national currency in Aden and the rest of the southern provinces, which is…

SANAA, May 30 (YPA) - Foreign exchange rates rose again against the Yemeni riyal on Thursday in banks in the city of Aden and the southern and eastern Yemeni provinces, portending an imminent economic disaster. Banking sources revealed that…

ADEN, May 30 (YPA) - An economic source revealed on Wednesday that the President of the Presidential Leadership Council, loyal to the Saudi-led coalition, Rashad Al-Alimi, had taken a decision to bring in quantities of printed currency that…

SANAA, May 29 (YPA) - The exchange rate of the US dollar in the banks of the city of Aden and the southern and eastern Yemeni provinces recorded on Wednesday 1,750 riyals, while the Saudi riyal exceeded the barrier of 460 riyals, banking…