Saudi Arabia depositing $2b in Yemen's central bank to back currency

By REUTERS
January 17, 2018 11:16
Breaking news

Breaking news. (photo credit: JPOST STAFF)

RIYADH - Saudi Arabia's King Salman ordered a deposit of $2 billion into Yemen's central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government's media office said.

The move comes a day after the Yemeni prime minister issued a public plea for funds to prop up the rial and help stave off hunger in the war-torn country.


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