PM meets follows up with CBY management on interventions to control deterioration of currency value

Mujalli meets with Presidency of Consultation, Reconciliation Authority

Member of the Presidential Leadership Council Sheikh Othman Mujalli met Thursday with the chairmanship of the Consultation and Reconciliation Authority, represented by the Vice-Chairmen of the Consultation and Reconciliation Authority Abdulmalik al-Mikhlafi, Sakhr al-Wajeeh, Jamila Ali Raja, and Akram al-Amiri.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Korean autos exports rise 13.7 percent in November

South Korea's autos exports rose by 13.7 percent year-on-year in November, thanks to a notable increase in shipments of eco-friendly and hybrid models.

Barcelona Consolidates Lead in Spanish La Liga with Win Over Villarreal

Barcelona strengthened its position at the top of the Spanish La Liga table after defeating host Villarreal 2-0 in the 17th round of the competition.

Last Update: ، 2025/12/26 Time 06:56:59
Latest News:

Mujalli meets with Presidency of Consultation, Reconciliation Authority

Saudi Arabia Says STC Moves Has Harmed Yemeni Interests

Government Welcomes Saudi Statement on Hadramout and Mahra Developments

Yemen Ministry of Higher Education Condemns Coercion of Staff for Political Statements

Hadramout Local Authority Reaffirms Loyalty to Government

PM meets follows up with CBY management on interventions to control deterioration of currency value

[16/10/2024 03:21]

ADEN - SABA
Prime Minister Dr. Ahmed Awad bin Mubarak met with the management of the Central Bank of Yemen CBY to follow up on the interventions to control the deteriorating exchange rates of the national currency.

The premier was briefed by the bank leaders on the monetary situation in terms of liquidity indicators, money supply, and price levels, the state of foreign reserves, and developments in public finances in terms of resources and spending, the size of the deficit, and its financing mechanisms, in addition to the urgent measures that have been taken in light of recent developments to curb speculation with the national currency.

A number of measures were agreed on at the level of monetary and financial policies to end currency speculations, stabilize the currency exchange rate and restore the situation to normal and clamp down on manipulation.