PM admonishes C. bank governor to guard against currency devaluating practices by Houthis

President al-Alimi Congratulates on Korean National Day

Chairman of the Presidential Leadership Council Dr. Rashad al-Alimi sent Friday a congratulatory cable to President Yoon Suk-yeol of the Republic of Korea on the occasion of his country's National Day.

Splendour of "Hellenistic Gold” Exhibition Showcases Rare Treasures from Bulgaria’s Sakar Region

A major new exhibition titled “The Splendour of Hellenistic Gold: The Ruler of Sakar” has opened at Bulgaria’s National Archaeology Museum in Sofia, bringing to light some of the most exquisite artifacts ever discovered in the country’s southeastern Sakar region.

U.S. federal debt exceeds $37 trillion

The federal debt of the United States has continued to rise, reaching $37.005 trillion, an increase of $6.3 billion, continuing the rapid upward trend of the debt, which shows no signs of slowing down.

Uganda and South Africa beat Niger and Guinea in the African Nations Championship

Uganda defeated Niger 2-0 in their Group C match at the African Nations Championship, currently being held in Uganda, Kenya, and Tanzania.

Last Update: ، 2025/08/15 Time 06:14:28
Latest News:

President al-Alimi Congratulates on the Anniversary of India's Independence

Supreme Council of Energy endorses plans to improve electricity services

Marib Deputy Governor discusses enhancing humanitarian partnership with UNDP, UNICEF

Prime Minister emphasizes government's commitment to enhance performance of Investment Authority to attract ..

Yemen, Libya Explore Enhanced Cooperation in Legal and Human Rights Fields

PM admonishes C. bank governor to guard against currency devaluating practices by Houthis

[23/09/2019 02:00]

RIYADH-SABA
Prime Minister Maeen Abdulmalik has admonished the newly appointed governor of the central bank to guard against practices by the Sana'a-based Houthis that keep causing the Riyal to lose value.

In a meeting here today, Abdulmalik warned Ahmed al-Fadhli of the effect of speculation, laundering, counterfeiting and other misuses of money that have been hitting the national currency hard causing its devaluation.

He urged the bank to take measures to stem the adverse effects and keep the currency exchange rate stable to prevent further impacts on the Yemeni people suffering the consequences of the Houthi years long war.