January 17, 2018 / 9:12 AM / a year ago

Saudi Arabia says depositing $2 bln in Yemen central bank to back currency

RIYADH, Jan 17 (Reuters) - Saudi Arabia’s King Salman ordered a deposit of $2 billion into Yemen’s central bank on Wednesday to shore up the weak Yemeni currency, the Saudi government’s media office said.

The move comes a day after the Yemeni prime minister issued a public plea for funds to prop up the rial and help stave off hunger in the war-torn country. (Reporting by Sarah Dadouch; Writing by Noah Browning; Editing by Andrew Torchia)

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