PM confirms government's full support for CBY's measures to manage national currency exchanges

GCC renews support to Presidential Council, Yemen's Unity

The Gulf Cooperation Council (GCC) Ministerial Council has renewed its full support for the Presidential Leadership Council, led by Dr. Rashad Mohammed al-Alimi, to achieve security and stability in Yemen and to reach a comprehensive political solution, in accordance with the Gulf Initiative and its executive mechanism, the outcomes of the Comprehensive National Dialogue Conference, and UN Security Council Resolution 2216.

Gaza Death Toll Rises to 54,381 Amid Ongoing Israeli Aggression

GAZA-SABA The death toll from the Israeli aggression on the Gaza Strip since October 2023 has risen to 54,381, with 124,054 injured, according to medical sources.

U.S. President plans to increase tariffs on steel, aluminum imports

U.S. President Donald Trump confirmed his intention to increase tariffs on foreign imports of steel and aluminum from 25% to 50%, which will increase pressure on steel producers worldwide and threaten to escalate his trade war.

Napoli Wins Serie A Title for Fourth Time

Napoli won the Serie A title for the fourth time in its history, after defeating Cagliari 2-0 in the 38th and final round of the competition.

Last Update: ، 2025/06/03 Time 11:10:15
Latest News:

Tarek Saleh: Media plays pivotal role in shaping public Awareness, combating misinformation

Prime Minister Receives UNICEF Representative

Minister of Water and Environment Opens National Workshop to Support Low-Emission Development

President al-Alimi returns to Aden

Minister al-Socotri discusses rehabilitating Towahi fishing port with UN official

PM confirms government's full support for CBY's measures to manage national currency exchanges

[29/09/2021 01:57]

ADEN - SABA
Prime Minister Dr. Ma'enn Abdulmalik has confirmed government's full support for the measures taken by the Central Bank of Yemen (CBY) to manage national currency rates, control money exchanges market and prevent currency speculations.

His statement came as he presided over joint meeting today, Wednesday, in the temporary capital Aden included senior officials of Ministry of Finance and (CBY) and Aden governor Ahmed Lamlas.

The session intended to reinvigorate mechanisms of coordination between financial and monetary policies to achieve economic stability and control national currency exchange rates.

Prime Minister stressed that it is very important to establish well-coordinated financial and monetary policy to help improve national currency exchange rates and control currency speculations and manipulation.
He urged collective action by national government, CBY and local authority to contribute toward attaining economic stability as soon as possible.