Almotamar.net - The Central Bank of Yemen announced Saturday a rise in Yemen’s reserves of foreign currencies to $8billion and 178 million in the first quarter of this year, registering a rise estimated at $544 million compared to the same period of 2007.

An economic report by the Central Bank of Yemen (CBY) alnotamar.net obtained a copy of it revealed a rise in foreign assets of the banking apparatus until the end of last March by 3.25% to reach YR one trillion and 797 billion compared to one trillion and 740 billion in the month before it of this year.

The report mentioned that the unified budget of commercial and Islamic banks has also registered a rise by YR2.2 billion to reach at YR1329 billion by the end of March compared to last February while the total reserve of those banks reserves rose by 3.6 in the compared period. But the rise in the budget is liable to drop regarding foreign assets of those banks.