Trade and markets
 

Detail

Area
Yemen
Commodity Group
Grains
Commodity
Wheat
Date
01/12/2016
Policy Category
Consumption and marketing
Policy Instrument
Government market intervention
Description
Announced the Central Bank has stopped providing guarantees for wheat importers. This, in effect, did not allow large traders to set new contracts for wheat, as local banks cannot transfer dollars for the value of any wheat cargoes.