Middle-east Arab News Opinion | Asharq Al-awsat

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An emblem of the Central Bank of Yemen is seen on the bank’s gate in Sana’a August 24, 2016. REUTERS/Khaled Abdullah

Imminent Activation of Yemeni Outward Transfers via Domestic Banks

by Badr Al-Qahtani | Sep 28, 2017 | Middle East

London- Yemeni commercial banks have been informed that outward transfers will be activated soon, but they are required to meet some simple conditions, the Central Bank’s Deputy Governor Khaled al-Abbadi said. “Most Yemeni banks are responding positively and showing...

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Janet Yellen, right, is sworn as Federal Reserve Chairman by the Fed’s board governor, Daniel Tarullo, at the Federal Reserve Building on February 3, 2013, in Washington, DC. (Mark Wilson/Getty Images/AFP Photo)

Yellen sworn in as Fed chair in brief ceremony

by Asharq Al-Awsat | Feb 4, 2014 | Business

Washington, AP—Janet Yellen was sworn in Monday to succeed Ben Bernanke, becoming the first woman to lead the Federal Reserve in its 100-year history. Yellen, who was confirmed by the Senate last month, was sworn in by Fed Governor Daniel Tarullo, the senior member of...

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File photo of Turkish lira banknotes. (Reuters/Murad Sezer)

Turkish central bank hints at action as corruption row, Fed sink lira

by Asharq Al-Awsat | Dec 20, 2013 | Business

Istanbul, Reuters—Turkey’s lira fell to record lows on Friday rattled by domestic political tensions and the US Federal Reserve’s decision to start trimming its monetary stimulus program, prompting the Turkish central bank to threaten more market action....