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

President al-Alimi: Houthi Militias-Controlled Regions Turned into Worst Place to Live on Earth

His Excellency President Dr. Rashad al-Alimi, Chairman of the Presidential Leadership Council (PLC) blamed the Iranian regime backed terrorist Houthi militias for the Yemeni people longstanding humanitarian ordeal, particularly in the militias-controlled regions where the fellow citizens are struggling with unspeakable living conditions.

U.S. Extends Work Permits for Temporary Protected Status Holders

The U.S. administration has extended work permits for hundreds of thousands of migrants from Haiti and six other countries who are protected under the Temporary Protected Status (TPS) program, just hours before the permits were due to expire.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

England Claim FIFA World Cup 2026 Bronze with Victory over France

England secured third place at the 2026 FIFA World Cup after defeating France 6-4 in the third-place playoff on Saturday.

Last Update: ، 2026/07/21 Time 03:52:01
Latest News:

Health Minister, UNICEF Representative Discuss Expanding Support for Yemen's Health Sector

Yemen Calls on ICAO to Uphold International Aviation Law Following Airspace Violation

GCC Rejects Houthi Claims Against Saudi Arabia, Condemns Threats to Maritime Security

Planning Minister, World Bank and IFC Discuss Investment Climate

President al-Alimi: Red Sea Security Shared Yemeni and International Responsibility

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.