Saudi extends 2018 deposit at Yemen central bank -SPA, Yemen cenbank
- Economy
- Reuters
- Published Date: 08:18 | 16 May 2022
- Modified Date: 09:34 | 16 May 2022
Saudi Arabia on Monday extended a deposit it gave the central bank of Yemen's internationally recognised government in 2018, and agreed to pay the final $174 million installment of the promised $2 billion, the central bank said.
Saudi state news agency SPA said the 2018 deposit duration would be extended and this would support Yemen's currency and economic situation. SPA did not mention the $174 million installment that Yemen's central bank said was also agreed upon.