SABA - Yemen news agency

Print date: 22-10-2018
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Yemen's Forex reserves fell to $ 5 bln in September

SANA'A, Nov.22 (Saba) – Yemen's foreign exchange reserves dropped to $ 5.056 billion by the end of last September, with a $ 124 million decline from August.

A report issued by the Central Bank of Yemen (CBY) revealed that the Bank covered the import bill of oil derivatives and basic foodstuffs in September with an amount equal to about $ 183 million.

The bank's total budget showed a slight decrease amounting to 5.2 billion rials at the end of the month, reaching 2.166 trillion rials.

According to a previous report issued early this month, Yemen's foreign exchange reserves decreased $ 67 million in August 2014 to reach to $ 5.180 billion.