KSA deposits $2bn in Yemen's C.bank

Riyadh – Mubasher: Saudi King Salman bin Abdulaziz on Wednesday issued a royal decree to deposit $2 billion into the Central Bank of Yemen.

The Kingdom raised its deposits in the Yemeni body to $3 billion.

This step is part of Saudi Arabia's efforts to boost financial and economic situation in Yemen, which would impact positively on Yemeni citizens, the Saudi Press Agency (SPA) reported.

This deposit will also contribute to supporting the Yemeni currency.

Mubasher Contribution Time: 17-Jan-2018 09:30 (GMT)
Mubasher Last Update Time: 17-Jan-2018 09:38 (GMT)