Yemen: central bank dismisses putting off Saudi USD2bn deposit


(MENAFN) The Central Bank of Yemen (CBY) has dismissed rumors of postponing Saudi deposit that is at a value of USD2billion, aiming to support Yemen's Riyal.

The bank announced the accusations to be "fabricated news from entities and persons who harbor hatred for the whole Yemeni people."

The bank also stated that "there is a strong keenness to accomplish the administrative and banking arrangements as soon as possible and then the signature will be made within the coming week in the presence of all media outlets interested to attend."

The CBY confirmed in its statement that the technical team is finalizing preparations for the deposit to be received.

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