Central Bank

ADEN, Dec. 09 (YPA) – Aidarous Al-Zubaidi, the head of the UAE-backed Southern Transitional Council (STC), has failed in his recent attempts to neutralize the Central Bank in Aden from the decisions of Presidential Leadership Council’s…

ADEN, Sept. 20 (YPA) - Economic and banking sources have revealed a catastrophic failure by the Central Bank in Aden province, southern Yemen, to pay employee salaries for the past four months (June, July, August, and September), a major…

ADEN, Sept. 07 (YPA) - A deepening dispute between the head of the government loyal to the Saudi-led coalition, Salem bin Braik, and the governor of the Central Bank in Aden, Ahmed Al-Ma'abqi, has led to a halt in salary payments for public…

ADEN, Aug. 08 (YPA) - An economic researcher familiar with Saudi-led coalition affairs has confirmed that the sudden appreciation of the local currency against the dollar in areas under coalition control poses a serious and long-term…

RIYADH, Aug. 04 (YPA) - Media sources have revealed that the Saudi-led coalition has assigned a team from the US Treasury Department to directly supervise the activities of the Central Bank in Aden, southern Yemen. The sources explained…

SANAA, July 17 (YPA) - The US dollar exchange rate against the Yemeni riyal in Aden and the southern and eastern provinces, controlled by the Saudi-led coalition, reached a new high, reaching 2,900 Yemeni riyals to one dollar. Banking…

SANAA, June 24 (YPA) - Foreign currencies continued on Tuesday to rise in Aden and the southern and eastern provinces of Yemen under the Saudi-led coalition's control, amid a continued decline in the local currency, the Yemeni riyal. This…

SANAA, June 18 (YPA) - The US dollar continued its rise on Wednesday in Aden and the southern and eastern provinces of Yemen, where the local currency is experiencing an unprecedented catastrophic collapse. The US dollar exchange rate…

SANAA, June 03 (YPA) – The Board of Directors of the Yemeni Banks Association (YBA) on Tuesday expressed its strong disapproval of the Central Bank's initiative to establish a new administrative body in Aden. The association, which was…

ADEN, April 29 (YPA) - Banking sources confirmed that the Central Bank of Aden has suspended all foreign currency sales and purchases until further notice, as the Yemeni riyal continues to collapse. They explained that the measures taken by…