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Saudi Arabia will deposit $2 billion into Yemen’s central bank in an effort to help the war-torn country avert a currency collapse, the Saudi state news agency reported. The move was made a day after the Yemeni Prime Minister issued Read more
Qatar has accused the UAE of plotting to devalue its currency in the outset of the GCC-Qatar rift, a government source said. An investigation was opened to probe the allegations of UAE plots against Qatar’s currency since Doha alerted to Read more
Algerian dinar currency has slumped against the U.S. dollar and the Euro, hitting the bottom due to the fall by 50 pc in the oil revenues, triggering international concerns over the financial & political stability of the North African country. Read more