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Last Update: ،
2026/09/12
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04:45:31
Latest News:
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Latest News:
Yemen Ambassador, EU Official Discuss Houthi Escalation, Maritime Security
Yemen Ambassador Discusses Relations, Developments with Cuba’s Acting Foreign Minister
Foreign Minister: Empowering State To Protect Its Sovereignty, Coasts Cornerstone For Bab al-Mandeb ..
Foreign Minister Discusses Developments, Houthi Escalation with U.S. Chargé d’Affaires
President al-Alimi: Yemen's Defensing of Bab al-Mandeb Defensing of Security of Global Shipping Lanes, ..
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.
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.
Key words:
interventions - deteriorating - manipulation - developments - speculations - SABA Prime - speculation - indicators - management - mechanisms -
Yemeni Rights Network Documents 958 Houthi Violations in Nine Days
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President al-Alimi: Yemen's Defensing of Bab al-Mandeb Defensing of Security of Global Shipping Lanes, Life-Saving Supplies
Yemen Rights Network Documents Over 36,000 Houthi Violations Against Children
Yemen Condemns Israeli Prime Minister’s Unauthorized Entry into Syrian Territory
UK Reaffirms Support for Yemen and Saudi Arabia’s Right to Defend Their Security and Sovereignty
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