Almotamar.net - A senior official at the International Monetary Fund (IMF) affirmed Friday that the gains achieved by the Yemeni currency recently, after its drop to a low standard level, and growth of foreign currencies reserves are first signs that the strict economic reforms taken in Yemen began to yield its results.
Head of the IMF mission in Yemen Hassan al-Atrash told Reuters that the government did not interfere in the market last month for supporting the currency and that is an indication that the situation began to be stable, adding that the currency went beyond acceptable levels in the last drop and its rise recently would receive welcome.
Al-Atrash has also praised the government for its taking strict economic measures under a difficult climate, affirming the importance of maintaining this pushing force especially with retreat of oil revenues.
Meanwhile, the national currency continued its improvement against foreign currencies, especially against the dollar which registered on Friday Yemeni 215 riyal for each dollar amid great satisfaction in the Yemeni street. The dollar reached at the beginning of this August more than 260 Yemeni riyals for a dollar.
The other foreign currencies have also continued their drop against the Yemeni riyal, among them the sterling, the euro, the Saudi riyal and other foreign currencies.
A Saudi aggression fighter jet targeted a citizen's car driving in Fara area of Kutaf district in Saada province overnight, killing the driver and injuring his friend, a security official said on Monday.
Scores of Saudi enemy soldiers were killed and injured on Sunday when the army and popular forces repelled a Saudi military attempt to sneak into Shurfah site in the border province of Najran, a military official said.
The operation was accomplished successfully against the Saudi
Saudi aggression warplanes have launched more than 49 airstrikes over the past hours on several residential areas across Yemen, a security official said on Sunday.
The airstrikes targeted the areas of Malahiz and Husama in Dhahir district, and areas Thuban, Masahif and Sdad in Bakim district of northern Saada province.