The Central Bank of Yemen sends a new reassurance to the “citizens” after the riyal plunged to its lowest level in history


Today, Thursday, the Central Bank of Yemen in Aden called on all commercial banks to complete the procedures for requests to import basic commodities from the 41st batch of the Saudi deposit, after the Yemeni riyal plunged today in one batch to 1223 to sell one dollar, with continued uncertainty about Gulf and international economic support. and an increase in the demand of importers of derivatives.

In a communiqué published on his official website, he directed “the Yemeni scene”, “all commercial banks that submitted their customers’ requests to import basic commodities within the 41st batch of the Saudi deposit, to come to its headquarters in Aden and complete the procedures and implementation according to the agreement with the bank.”

He explained, that this invitation is addressed to the banks that had previously received the money in cash to the bank, and they were disbursed.

He urged the banks that conducted banking at the Central Bank regarding the import of oil derivatives, to submit their requests for transfer to external accounts, with all documents necessary to complete the procedures.

He announced that the Central Bank will continue to pay the dues of the importing traders and the suppliers of oil derivatives to the oil company.

It is worth noting that the basic commodities that are covered from the Saudi deposit through documentary credits are wheat, rice, sugar, edible oil, milk, flour; In a new message of reassurance to “citizens” in a critical circumstance.

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