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Yemen, UNDP sign $9.8 mln project to eliminate ghost workers
[31 October 2014]
FM, some Arab counterparts discuss anti-piracy efforts
[31 October 2014]
Yemen re-denounces terror acts against Egypt
[31 October 2014]
ACAC 47th session concluded in Rabat under Yemen presidency
[31 October 2014]
Benomar: PNPA's implementation is only way to overcome crisis
[30 October 2014]
 
  Reports
Yemen's Friends steering committee report on national situation
[25 September 2014]
The Peace and National Partnership Agreement
[22 September 2014]
Fuel crisis and political motivations
[15 September 2014]
Hard conditions imposed lifting fuel subsidies: Minister al-Sa'adi
[25 August 2014]
An opportunity to celebrate humanitarian heroes in Yemen
[19 August 2014]
 
  International
M 5.9 earthquake jolts Taiwan
[21 May 2014]
Poll sees centre-right party winning EP elections
[21 May 2014]
Craftsmanship "the luxurious part of Germany's perfection"
[19 May 2014]
Egyptians abroad cast votes to choose new President
[15 May 2014]
5 Afghan soldiers killed in separate bomb attacks with day
[11 May 2014]
  Local
Yemen reserves of foreign currency record $7 bln in 2009
[21/February/2010]

SANA'A, Feb.21 (Saba) - Yemen reserves of the foreign currency have recorded in 2009 nearly $7 billion, backing by $1.15 billion more than in the 2008 reserves which amounted to about $8.15 billion.

A report issued by the Central Bank of Yemen (CBY) obtained by Saba, showed that the bank's total balance sheet reached nearly YR1.8 trillion, with a slight increase hit YR 8 billion more than in 2008.

The volume of money supply rose by YR135 billion to reach YR 2.12 trillion by the end of 2009, compared with YR1.87 trillion by end of 2008.

The net foreign assets of the banking system decreased by YR50 billion, attaining YR1.80 trillion by the end of 2009, compared with YR 1.85 trillion in 2008.

While the net claims on the government amounted by the end of 2009 to a balance owed of YR 533 billion, compared with a debit balance of YR 94 billion in 2008, up as much as YR 439 billion.

Whereas , the claims on the private sector declined by YR11 billion at the end of 2009 to reach nearly YR 500 billion , compared with YR 511 billion in 2008.

On the other hand, the volume of the issued currency amounted to about YR 552 billion by the end of 2009, while the value of the government bonds (for a period of three years) increased to reach about YR 366 billion. These bonds are owned to the pension funds and insurance that the government began issuing them since the beginning of 2009 for a three-year period with 7 percent rate interest.

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UPDATED ON : Fri, 31 Oct 2014 17:56:22 +0300