Zammab, British ambassador discuss unifying monetary procedures and policies in Yemen

Cabinet discusses updates on economic, service conditions

Prime Minister Salem Saleh bin Breik chaired Tuesday a Cabinet meeting dedicated to discussing updates on economic and service conditions, and coordinated plans with the Central Bank of Yemen to address the decline in the national currency's exchange rate and the deterioration of basic services.

Gaza Death Toll Rises to 55,297 Amid Ongoing Israeli Aggression

The death toll from the Israeli genocidal war on the Gaza Strip since October 7, 2023, has risen to 55,297, with 128,426 injured, the Ministry of Health in afflicted Palestinian enclave said. The majority of the victims are women and children.

Korea's exports shrinks 2.2 percent

South Korea's exports decreased by 2.2 percent year-on-year in the first 20 days of July.

Saudi Al-Hilal FC Eliminated from FIFA Club World Cup After 2-1 Defeat to Fluminense

Saudi Al-Hilal FC has been eliminated from the 2025 FIFA Club World Cup after suffering a 2-1 defeat to Fluminense FC from Brazil in the quarterfinals. The match was held at the Camping World Stadium in Orlando, Florida.

Last Update: ، 2025/07/23 Time 06:13:40
Latest News:

Yemeni Ambassador Discusses Bilateral Relations with Pakistani Official

Cabinet discusses updates on economic, service conditions

Yemen participates in Session on Human Rights

Planning Deputy Minister discusses with WB, Swiss Development Agency joint cooperation

Minister Al-Soqatri Discusses Preparations for Launching Agriculture, Projects with WB Delegation

Zammab, British ambassador discuss unifying monetary procedures and policies in Yemen

[31/03/2018 01:21]

RIYADH -SABA
The Governor of the Central Bank of Yemen, Dr. Mohammad Mansour Zammam, discussed today with the UK Ambassador to Yemen Michael Aron the processes being carried out by the CBY in order to unify monetary procedures and policies in Yemen to serve the Yemeni people.

They discussed restructuring and developing the institutional infstructure of the CBY, a project that involves the UK, the United States, Saudi Arabia and the United Arab Emirates – the four countries handling the economicissue of Yemen.

They discussed the ongoing efforts to stop the deterioration of the national currency, that problem that has been negatively impactingpurchasing power of the Yemeni people.

Zammam praised the great role played by Saudi Arabia in all fields, including its $2 billion deposit that helped stabilize the exchange rate of the Yemeni Riyal and helped the CBY to review its monetary policies and to restore its monetary cycle.

The British Ambassador expressed his readiness to continue the technical and financial assistance to CBY as well as support CBY's efforts to reactivate bank accounts with British banks.