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

Yemeni Ambassador Discusses Boosting Cooperation with Sudanese Official

The Yemeni Ambassador to Khartoum, Omar Al-Modawi, met with the Director of International Organizations at the Sudanese Ministry of Foreign Affairs, Ambassador Hamed Al-Jazouli, to discuss ways to enhance and develop bilateral cooperation between the two brotherly countries.

German Chancellor Says Europe Must Stand Strong

German Chancellor Friedrich Merz has called on Europeans to strive for greater autonomy, emphasizing the need for Europe to defend itself using its own capabilities, given the shift in transatlantic relations.

Korea large companies' exports rise 10 percent

Large companies' exports in South Korea rose approximately 10 percent year-on-year in the fourth quarter of last year, driven by increased global demand for semiconductors.

Saudi League: Al-Nassr, Al-Ettifaq and Neom Secure Victories Over Al-Ittihad, Damac and Al-Riyadh

Al-Nassr defeated its guest Al-Ittihad 2–0 in the match that brought them together at Al-Awwal Park Stadium in Riyadh, as part of the 21st round of the Saudi Professional League.

Last Update: ، 2026/02/18 Time 06:41:47
Latest News:

Yemeni Minister Emphasizes Duty to Boost Technical Education Amidst Challenges

President al-Alimi: Restoring Sana’a and a Just, United Yemen Will Remain a Unifying National Goal

Yemen’s Ambassador Participates in Board Meeting of Arab World Institute in Paris

Presidential Leadership Council Member Dr. Abdullah al-Alimi Discusses Developments in Yemen with EU ..

Chairman of the Presidential Leadership Council Exchanges Ramadan Greetings with Arab and Islamic Leaders

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.