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

Prime Minister receives Non-Resident Ambassador of Portugal

Prime Minister Dr. Shaya Zindani received today, Thursday, the Non-Resident Ambassador of the Republic of Portugal to the Republic of Yemen Nuno Matias to say goodbye as his tenure in our country has expired now.

Massive 7.0 Magnitude Earthquake Strikes Alaska, USA

A powerful 7.0 magnitude earthquake struck Alaska, USA, yesterday evening, according to the United States Geological Survey (USGS).

Public debt in Germany rises 2.1 percent

The total public debt in Germany rose to 2,608.8 billion euros by the end of the third quarter of 2025, an increase of 54.8 billion euros, equivalent to 2.1 percent, compared to the second quarter of the same year.

Morocco and Senegal qualify for the semi-finals of the Africa Cup of Nations

The Moroccan national team qualified for the semi-finals of the Africa Cup of Nations after defeating Cameroon 2-0 in their match at Prince Moulay Abdellah Stadium in the Moroccan capital, Rabat.

Last Update: ، 2026/01/22 Time 02:08:16
Latest News:

President al-Alim meets with Ambassadors of countries sponsoring peace process in Yemen

Aden Local Authority: No Tolerance for Any Attempts to Undermine Public Tranquility

Government Welcomes Announcement of Peace Council

Signing Tripartite Agreement to Operate 70 Power Stations in Yemen with Saudi Support

Musawah Organization: Houthi militias forcibly disappearing 74 civilians from Dhamar in their prisons ..

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.