Yemen food costs soar as currency plunges to new low ...Yemen

Arab News AL-MUKALLA: Yemen’s currency has tumbled to a record low against the US dollar despite fresh measures by the country’s central bank to bring the chaotic exchange system under its control. The riyal hovered around 840 against the dollar early on Wednesday, plunging from 800 in recent weeks. In an attempt to shore up the currency, the Aden-based central bank closed unlicensed exchange companies, banned the internal transfer network between exchange companies — known as hawala — and provided oil importers with dollars. During a meeting with local moneychangers last month, central bank officials proposed initiating a formal method of transferring money under the bank’s sup

Hence then, the article about yemen food costs soar as currency plunges to new low was published today ( Wednesday 04/11/2020 - 10:55 PM ) and is available on Republic of Yemen ( Yemen ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.

Read More Details
Finally We wish PressBee provided you with enough information of ( Yemen food costs soar as currency plunges to new low )

Last updated : 04 Nov 2020 clock 10:55 PM

Also on site :

Yemen food costs soar as currency plunges to new low ...Yemen

Keir's last Christmas in No10? Voters believe Starmer will be gone within a year as anger mounts in Labour ranks at shambolic government

Crew Denney

TWRA News: TWRA Detects CWD in Dickson and Williamson Counties

Prime Minister Anthony Albanese in secret kidnapping drama in days after Bondi massacre: One man, 27, is arrested

Discussion of International Academic Accreditation Requirements for Faculty of Medicine at Sana’a University

Training Course for “Development Knights” concludes in Al-Bayda

Tomorrow, Wednesday... Launch of the Activation Taekwondo Championship, Youth & Men& 039;s Team Qualifiers

Two Seminars at Sa& 039;ada University on Cybersecurity and International Rankings of Higher Education Institutions

Taiz scholars hold meeting to mark Rajab Friday, condemn insult to Holy Qur’an

Comedian and actor Russell Brand charged with two new counts of rape and sexual assault, police confirm

Conclusion of Project for Distributing Zakat in Kind of Grains to Poor, Needy in Al-Mahwit

Dhamar Rural Association Commemorates Friday of Rajab Festival, Honors Leading Grain Producers

Water Project Handed Over in Al-Sayani District

Trans rights group makes extraordinary threat after state government moved to ban puberty blockers

Dhamar – Launch of Road Paving Completion Initiative