Friday, 29 March 2024

YER / USD

Recent News
  • Angry protests erupt in Sanaa against gas shortage

    18:03 | 5/3/18
    The National
    What was 1,200 Yemeni rial three years ago, we buy it for 10,000 rial from the black markets,” Abed said. Long queues of citizens have formed at gas stations in Sana's waiting to get cheaper supplies, but even here prices have been hiked by 100 per ... more»
  • No honour among thieves: Saudi war on Yemen falling apart

    05:50 | 3/2/18
    In Defence of Marxism
    Following this, and blaming the government for corruption, non-payment of wages and for causing the collapse of the Yemeni Rial, the STC set a deadline for the removal of the cabinet headed by Prime Minister Ahmed Obeid bin Dagher. Seeing that its ... more»
  • Money for nothing: Riyadh's cash injection does little to revive Yemen

    03:03 | 26/1/18
    Middle East Eye
    Yemen's economy and currency has crashed in three years of war. Millions of jobs have been lost or go unpaid, everything costs more, and the Yemeni rial has nosedived against the US dollar, making imports in a famine-threatened country hugely expensive ... more»
  • After Saleh, Yemen is descending into anarchy

    04:00 | 25/1/18
    Arab News
    Saleh, Yemen's ruler for 33 years, was killed in street fighting in Sanaa on Dec. 4. Modest of appearance, he is now recognized as the master of cunning maneuvers, moving from one slippery arrangement to another, always ensuring he came out on top ... more»
  • Saudi Arabia Offers $2 Billion to Aid Yemeni Rial Sapped by War

    23:52 | 17/1/18
    Bloomberg
    Saudi Arabia will send $2 billion to Yemen's central bank to bolster the country's currency which has plummeted in value since Saudi-led forces launched their offensive there almost three years ago, a fall that contributed to a humanitarian catastrophe ... more»
  • Saudi Arabia to transfer $2 billion after urgent Yemen plea

    22:29 | 17/1/18
    WPXI Pittsburgh
    Last year, the Saudi and internationally-backed Yemeni government created an alternative Central Bank from the one in the rebel-held Sanaa, moving it to the southern port city of Aden. more»
  • Consumer watchdog considering repeal of payday lending rule

    10:06 | 17/1/18
    WPXI Pittsburgh
    Prime Minister Ahmed Obeid bin Daghir had called on the kingdom and its allies to act "now, not tomorrow," and said saving the Yemeni rial means "saving Yemenis from inevitable famine." In his letter, he said Yemen needed a bailout. For nearly three ... more»
  • Yemen's gov't: Houthis responsible for looting USD 5.2 foreign reserves

    04:45 | 12/1/18
    National Yemen
    Yemen's legitimate government has held Houthi militias accountable for the loss of the country's foreign reserves, and the looting of USD 5.2 billion, as well as a trillion Yemeni Rial (USD 4 million). During a meeting on Thursday, the government urged ... more»
  • Houthi militias loot currency exchange offices in Yemen's Sanaa

    00:11 | 11/1/18
    Al-Arabiya
    Some banking sources said the Houthis justified their move by claiming they seek to protect the Yemeni rial. However, sources have voiced surprise at how looting money can protect the currency from deteriorating. more»
  • Britain's involvement in Yemen is making the situation worse

    00:03 | 10/12/17
    Prospect
    Driving through the monotonous desert that connects Yemen's eastern provinces to the country's northern highlands, the only break in the road as it heads towards a liquefied mirage are rusting oil barrels and makeshift wooden huts that mark the regular ... more»
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Currencies
CodeLastChange
EURUSD0.97210.00550.56%
NZDUSD0.55480.00931.65%
AUDUSD0.61940.01071.70%
NZDAUD0.89640.00100.11%