Yemeni rial


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Noun1.Yemeni rial - the basic unit of money in YemenYemeni rial - the basic unit of money in Yemen; equal to 100 fils
Yemeni monetary unit - monetary unit in Yemen
References in periodicals archive ?
The depreciation of the national currency has exacerbated local living conditions, although the Saudi government last week deposited $2 billion with the central bank in Aden to stabilize the Yemeni rial.
Indeed, throughout, Al Houthi militias have simply treated the coffers of the previous central bank as if it were their own personal bank, undermining the banking system, bringing chaos to savers, and causing the near-collapse of the Yemeni rial as a result.
2 billion, as well as a trillion Yemeni Rial (USD 4 million).
is a printing operation controlled by businessman Reza Heidari and owned by Tejarat Almas Mobin Holding that procured equipment and materials to print counterfeit Yemeni rial bank notes.
Such factors have put a strain on the country's foreign currency reserves, a fact which experts say could lead to increased pressure on the Central Bank of Yemen (CBY), and an eventual collapse of the country's currency, the Yemeni Rial (YR), in comparison to the dollar.
The central bank last trimmed the rate, a benchmark for commercial banks taking deposits from their customers, in October, when there was a cut of 2 percentage points to 18 per cent as inflation came down to single digits and the Yemeni rial stabilised following political turmoil.
The decline in the Yemeni rial, which hit 250 to the dollar in August, the weakest level in its history, prompted the central bank to intervene numerous times throughout the year.
He had received 200,000 Yemeni Rial ($1,000) for his daughter in 'shart', a Yemeni dowry, which he could not pay back.
Since then the Yemeni rial has been floated and stabilised, and triple-digit inflation of the early 1990s was reduced to approximately 6% by 1997 - it rose in 1998 and was brought down again in 1999).
The central bank stepped in to help solving banks' liquidity issue and provide enough cash in both dollars and Yemeni rial to satisfy banks customers' needs," Humam said.