KM Financial Solutions | UPDATE 1-Yemen central bank nearly doubles interest rate to halt riyal plunge
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UPDATE 1-Yemen central bank nearly doubles interest rate to halt riyal plunge

UPDATE 1-Yemen central bank nearly doubles interest rate to halt riyal plunge

Yemen’s central bank, based in
territory controlled by its exiled government, nearly doubled
its interest rate on Wednesday in an effort to stabilise the
riyal after violent demonstrations against a plunging currency.

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