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اخر الاخبار Saudi Arabia allocates $200m to Yemen central bank‏

اخر الاخبار اليوم حيث On Tuesday, Saudi Arabia’s King Salman announced a donation of $200m to Yemen’s central bank in an effort to help shore up the weak Yemeni currency, state news agency SPA reported.

Yemen has been divided by more than three years of civil war between the internationally recognised government, backed by Riyadh and based in the south, and the Iran-aligned Houthi movement that controls the north, including the capital Sanaa.

Its currency, the riyal, has lost more than half its value against the U.S. dollar and soaring prices have put some basic commodities out of reach for many Yemenis.

“This grant will contribute, in addition to previous deposits to the Yemeni Central Bank totalling $3bn, to easing the economic burden on the brotherly Yemeni people,” the SPA report said.

Yemen’s central bank has struggled to pay the public sector salaries on which many Yemenis depend, amid dwindling foreign exchange reserves.

It nearly doubled its interest rate last month in an effort to stabilise the riyal, following violent demonstrations in southern cities against the plunging currency.

هذا المحتوي ( اخر الاخبار Saudi Arabia allocates $200m to Yemen central bank‏ ) منقول بواسطة محرك بحث مصر 24 وتم نقله كما هو من المصدر ( اليمن العربي )، ولا يعبر عن وجة نظر الموقع ولا سياسة التحرير وانما تقع مسئولية الخبر وصحته علي الناشر الاصلي وهو اليمن العربي.

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