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Sovereign Wealth Funds Briefing - Categorized | Reserve Currencies

Yemen reserves of foreign currency record $7 bln in 2009

Posted on 22 February 2010

From Saba: Yemen reserves of the foreign currency have recorded in 2009 nearly $7 billion, backing by $1.15 billion more than in the 2008 reserves which amounted to about $8.15 billion.

A report issued by the Central Bank of Yemen (CBY) obtained by Saba, showed that the bank’s total balance sheet reached nearly YR1.8 trillion, with a slight increase hit YR 8 billion more than in 2008…………………..Full Article: Source


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