SANAA Feb 7 Yemen's central bank cut its deposit rate, the key rate which it uses to adjust monetary policy, by 3 percentage points to 15 percent, state news agency SABA reported on Thursday.
The central bank last trimmed the rate in October, when there was a cut of 2 percentage points to 18 percent as inflation came down to single digits and the Yemeni rial stabilised following political turmoil.
BRIEF-Wex inc to expand number of directors that constitute the board from 11 to 12
* To expand number of directors that constitute the board from 11 to 12 and elected John E. Bachman as a Class I director Source text for Eikon: Further company coverage:
TREASURIES-U.S. yields drop on Deutsche jitters, Fed rate outlook
(Adds comment, auction details, updates prices) * Deutsche Bank woes continue to weigh on U.S. yields * Treasury rally has been going since Fed decision last week * Tepid U.S. 5-year auction fails to blunt Treasury rally By Gertrude Chavez-Dreyfuss NEW YORK, Sept 27 U.S. long-dated Treasury debt yields fell to three-week lows on Tuesday on concerns about ongoing problems at Deutsche Bank, Germany's largest lender, which could again delay the next interest rate