Economy
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Yemeni Cabinet Bans Use of U.S. Dollar and Foreign Currencies in Domestic Transactions
The decision mandates the use of the Yemeni rial in the sale and purchase of goods and services and in…
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Yemen Gas Company: Transportation Fees Will Lead To A 100-Riyal Reduction In The Price Of A Gas Cylinder
It expressed readiness to lower prices again should these levies be removed, criticizing the excessive fees imposed along certain routes…
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Yemeni Government Bans Use of Foreign Currencies in Commercial Transactions and Financial Contracts
The Ministries of Industry and Trade, Justice, and Interior, along with provincial governors, have been tasked with taking the necessary…
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Meeting in Taiz to Discuss and Strengthen Mechanism for Regulating and Monitoring Medicine Prices
The Deputy Governor affirmed the local authority’s determination, under the leadership of the governor, to continue taking firm measures to…
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Yemeni Central Bank Discusses Import Coverage and Market Stability with the Private Sector
The discussion focused on how to implement the controls set by the national committee and their importance in achieving monetary…
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Yemeni Rial Stability Amid Government Efforts to Strengthen Currency Value
Banking sources told Yemen Monitor that the exchange rate of the Saudi riyal at money exchange shops and companies in…
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Closure of 53 Exchange Companies and Establishments in an Unprecedented Campaign by the Yemeni Central Bank to Regulate the Financial Market
According to the decisions, these measures were based on confirmed violations documented in field inspection reports issued by the Banking…
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Yemen’s Central Bank Announces the Start of Operations for the Executive Team of the National Committee for Regulating and Financing Imports
The national committee has called on merchants and importers to submit their import requests through accredited banks and currency exchange…
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Marib Hosts Broad Economic Symposium on Yemeni Government’s Options to Counter Houthi Violations
The symposium featured extensive discussions on the recommendations, with participants expressing support for government measures that have led to a…
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Yemeni Central Bank to Begin Receiving Import Financing Applications Tomorrow
The National Committee for Regulating and Financing Imports, chaired by the Governor of the Central Bank of Yemen, Ahmed Ghaleb,…
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