Yemen foreign currency reserves decrease in first quarter of 2010

SANA'A, May 08 (Saba) – Yemen's reserves of foreign currency decreased in the first quarter of 2010 to YR 6.2 billion compared with YR 7.5 billion during the same period last year, a report by the Yemen Central Bank has noted.

The report also said that the bank's budget increased during the same period to almost YR 2 trillion compared with YR 1.7 trillion last year.

The net external assets witnessed a slight increase reaching YR 1.8 trillion, the report added.