Saudi Arabia's King Salman on Wednesday ordered a deposit of $2 billion in Yemen's central bank to shore up the weak Yemeni currency, Rial, the Saudi government said. The move was made a day after the Yemeni Prime Minister issued a public plea for funds to prop up the Yemeni currency and help stave off hunger in the war-torn country. “It's not a loan, it's a deposit and the legitimate Yemeni government will not have to pay it back,” a source close to the Saudi government said.
Saudi Arabia's King Salman on Wednesday ordered a deposit of $2 billion in Yemen's central bank to shore up the weak Yemeni currency, Rial, the Saudi government said. The move was made a day after the Yemeni Prime Minister issued a public plea for funds to prop up the Yemeni currency and help stave off hunger in the war-torn country. “It's not a loan, it's a deposit and the legitimate Yemeni government will not have to pay it back,” a source close to the Saudi government said.
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